India ready to circumvent U.S. sanctions
In the worst-case scenario for us, all of this will mean that Russia's oil revenues will fall not by 50%, but by 10-15%
Initially, the Indians made a statement that they would like to localize the production of S-400/500 in India.
The day before yesterday, an agreement was signed on the production of the Superjet-100 aircraft in India (although there are no details about localization).
"It seems that the Indians are offering the Russians this: we are ready to circumvent sanctions if you give a discount and localize the production of certain types of goods with us."
The same, probably, will be offered to the U.S.
In the worst-case scenario for us, all of this will mean that Russia's oil revenues will fall not by 50%, but by 10-15%.
About the author: Vadym Denysenko, political scientist.
The editorial board does not always share the opinions expressed by blog authors.
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