competition refresher magazine subscription
competition refresher magazine subscription published this article page no 58 caatsa act also known as countering americas adversaries through sanctions act was enacted by usa in 2017 to impose sanctions on three nations i.e. russia iran and north korea. apart from sanctions on the three nations the act also imposes sanctions on countries who deal with these nations. this brings the current s400 deal between india and russia under this orbit. but us cannot afford to alienate a strategic ally and a defense market like india. as a result the us lawmakers have introduced a bill for sanction waiver to avoid retaliatory us actions on india. but only time can tell what the future holds for this quagmire changing dynamics of defence and security cooperation the s400 triumf deal signifies deepening of ties between india and russia. but this step is not an isolated incident but a culminating effect of changing global and bilateral dynamics changing world order the rising new bipolar world with usa and china as global powers has increased the closeness of two nations with rival superpowers i.e. ○ russia is becoming close to china while tensions exist between indiachina and ○ india is becoming close to the usa while tensions exist between russiausa. geostrategic interests with a reasonable shift in indias approach from an inwardlooking (strategically as well as economically) and nonaligned nation the old commonalities of interest between two nations are replaced by divergence in geostrategic interests. e.g. ○ indopacific region india joining the quadrilateral security dialogue (quad) for a free and open indopacific region with japan usa and australia. ○ eurasian region commonality of interest between india and europe to curb growing chinese strategic assertiveness in the region. economic relationship unlike indiarussia with bilateral trade of just $7.5 bn in 2019 the economic relationship between indiausa or russiachina are far more diverse and deeper. o e.g. in 2014 russiachina signed a $400 bn gas deal. similarly the trade between indiausa in 202021 stood at $80.5 bn with $13.8 bn of fdi. modernization with diversity to modernize and diversify away from sovietera and russian military equipment india has expanded its defense purchases from other nations like france israel and the usa. e.g. between 201620 russia accounted for 49% of indian arms purchase in comparison to 70% in 201115 (as per sipri fact sheet). ○ in 2014 russia removed its selfimposed sanction on arms sale to pakistan considered as a warning on indian diversification. way forward the latest defence cooperation for period 202131 will help as a step to take forward the ongoing engagements between two nations. but it needs more synergy of interests and operations to withstand the forces which will impact it by competition refresher magazine subscription buy.


