. | . |
India signs $3 bn submarine deal with Russia: reports by Staff Writers New Delhi (AFP) March 8, 2019 India has signed a $3 billion deal to lease a third Russian nuclear-powered submarine for 10 years, giving Delhi a boost in the Indian Ocean against arch-rivals Pakistan and China, media reports said. The deal -- which according to the reports took months to negotiate -- comes as tensions run high between India and Pakistan following their biggest standoff in years, and as Chinese influence grows in the region. A defence ministry spokesman declined to confirm the agreement to AFP but the reports said that the submarine, the third India has leased from Russia, would be delivered by 2025. Russia, India's Cold War ally, remains a major supplier of arms to India, irking the United States which has imposed sanctions on nations buying military hardware from Moscow. Last October Russian President Vladimir Putin and Indian Prime Minister Narendra Modi met and inked a deal for Delhi to buy Russia's S-400 surface-to-air missile defence system for $5.2 billion. But India also shares US fears about China's growing assertiveness in the Indian Ocean, where New Delhi has traditionally held sway. In 2017 India and China had a military standoff over a Himalayan plateau claimed by both Beijing and Bhutan, a close ally of India. China has made inroads in Sri Lanka and Maldives, countries that India considers to be in its sphere of influence, through its Belt and Road Initiative (BRI). India has raised concerns about the initiative as a major section passes through Pakistan-administered Kashmir, a disputed territory which was again the fuse for the latest crisis. On February 26 India said its warplanes hit a militant training camp in Pakistan in response to a suicide bombing in Kashmir, which killed 40 paramilitary officers and was claimed by a militant group based in Pakistan. Pakistan a day later carried out its own air raid, triggering a dogfight in which an Indian plane was shot down. India also says it shot down a Pakistan plane but Islamabad denied this. Tensions cooled after Pakistan last Friday returned the Indian pilot of the downed aircraft, although both nations have continued to fire shells and mortars over their de-facto Kashmir border.
Submarine deal shows France-Australia ties in 'new phase' Paris (AFP) Feb 22, 2019 A giant submarine deal between France and Australia is the latest sign of deepening relations between the two countries, which are being driven together by mutual concern about China and Britain's changing role in the world, analysts say. Australia announced last week that it had finalised a Aus$50 billion ($35 billion) deal to buy 12 attack-class submarines from the Naval Group consortium, partly owned by the French state. The contract had been under discussion for years - a preliminary deal w ... read more
|
|
The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us. |