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India, facing sanctions for Russian arms deals, says it wants to pivot spending to the US

  • India, the world’s second-largest arms importer and fifth-largest economy, has inked the majority of its weapons deals with Russia.
  • Indian Ambassador Harsh Shringla says New Delhi wants to pivot its defense spending to the United States.
  • Countries like India, that heavily pursue arms deals with the Kremlin are subject to U.S. sanctions, under President Donald Trump’s “Countering America’s Adversaries Through Sanctions Act,” or CAATSA.

Source CNBC


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