Russia, India to sign S-400 missile deal this week

"The key feature of this visit will be the signing of the agreement to deliver S-400 air defence systems", Putin's top foreign policy aide Yury Ushakov said, according to news agency AFP.

According to sources, there's another deal in motion as well where India might purchase four frigates from Russian Federation during Putin's upcoming visit. As of October 1, however, the Indian government has not publicly confirmed that the CCS approved the $5.5 billion acquisition. We let him go.

Defence minister Nirmala Sitharaman, who was on an official visit to Kazakhstan and Krgystan till Oct 6, cut short her visit to attend the India-Russia summit, said an official familiar with the development.

In response, Secretary of State Mike Pompeo said the USA was terminating the Treaty of Amity with Iran - a 1955 agreement to improve economic relations between the two countries. India will be purchasing five S-400 Triumf missile air defence systems. "We shall maintain it in all earnestness", Defence Minister Nirmala Sitharaman told PTI recently when asked whether the United States sanctions will hit India's defence ties with Russian Federation.

Why India is buying S-400 missile system?

Russian Federation said in April it expected to sign a deal with India this year on the sale of the S-400.

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The S-400 is an upgraded version of the S-300 systems.

The law is created to punish Putin for the 2014 annexation of Crimea from Ukraine, involvement in the Syrian civil war and meddling in the 2016 US presidential election.

OPEC and its non-cartel partners - including Russian Federation - agreed at the end of June to increase production after a previous agreement at the end of 2016 had limited supply to support prices.

The last annual summit was held on June 1, 2017, during the visit of PM Modi to Russian Federation.

In response to Trump's assertion that OPEC is ripping off the rest of the world, Khalid al-Falih, Saudi Arabia's energy minister, said during Wednesday's panel that Saudi and Russian leaders are bringing stability to global energy markets by putting oil inventories in a "comfortable range".