05:10 GMT +319 October 2019
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    The S-400 Triumf anti-air missile system

    Russia to Honour All S-400 Delivery Commitments to India - Ambassador

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    MOSCOW (Sputnik) - All commitments on the delivery of S-400 air defence missile systems to India under a $5 billion contract will be fully implemented, including deadlines, Russian Ambassador to India Nikolay Kudashev has told Sputnik.

    "I'm sure that the contract will make a significant contribution to ensuring India's security and will serve as a proof of the special nature of relations between our countries. I'm convinced that all Russian commitments will be fully met, including the deadlines", Kudashev said.

    READ MORE: India to Receive Russia's S-400 Air Defense Systems Without Delays — Moscow

    The ambassador added that Russia was interested in further cooperation with India in the area of air defence.

    A mechanism for transactions in national currencies regarding deals in the defence industry between Moscow and New Delhi is already working, and Russia is interested in its further development, Kudashev said.

    "As for the use of the mechanism of financial transactions  in national currencies, I can say that it has already been implemented, and we are interested in its progressive development. I am confident that our countries will find a solution that will put us outside the zone of dependence on the US-based payment system", Kudashev said.

    The contract for the delivery of S-400 missile systems to India was signed in October 2018.

    The S-400 is a next-generation mobile missile system that can carry three different types of missiles capable of destroying a variety of aerial targets at a short-to-extremely-long range, from reconnaissance aircraft to ballistic missiles.

    Related:

    India to Receive Russia's S-400 Air Defense Systems Without Delays - Moscow
    India, Russia Mull More Payments in National Currencies After S-400 Deal - Envoy
    US, India to 'Sort Out' Sanctions Waiver for S-400 Purchase - Mattis
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    cooperation, S-400, India, Russia
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