US House of Representatives passed an amendment, that approves waiver to India against CAATSA Sanctions. Key Facts Amendment was passed by voice vote. It provides waiver to India, under CAATSA sanctions, to purchase S-400 missile defence system from Russia. US’s waiver is ..
Month: Current Affairs - July, 2022
Category: International / World Current Affairs
The Russian Government has agreed to deliver the first regimental set of S-400 Triumf SA-21 Growler Air Defence System to India. India and Russia have signed a 5.43 billion USD contract on the defence system. The NATO reporting name of ..
The United States recently imposed sanctions on Turkey under section 231 of the Countering America’s Adversaries Through Sanctions Act, CAATSA. The sanctions were imposed for buying Russian made S400 anti-Missile system. What is in it for India? The United States ..
The Organization of Petroleum Exporting Countries (OPEC) and Russia have come together to cut oil output by 10%. This is being done to control the falling oil prices amidst lock down all over the world due to COVID-19. Background The ..
On March 9, 2020, the prices of crude oil plunged by 20% after OPEC to failed to make a deal in making production cuts. Highlights The Saudi Arabia and its major allies like Kuwait, Iraq and UAE initiated to make ..
India and Russia have signed 14 MoUs during the DefExpo 2020. It included land, air, naval and other hi-tech civilian products. With the agreements signed the Defence trade between the countries is to cross 16 billion USD. Highlights The trade ..