Washington, Oct 5: Issuing its first statement after India and Russia signed the S-400 Missile Air Defence deal, the United States has said that the intent of its implementation of CAATSA is to impose costs on Russia for it malign behaviour.
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The statement said, " the intent of our implementation of CAATSA is to impose costs on Russia for its malign behaviour, including by stopping the flow of money to Russia's defence sector."
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"CAATSA is not intended to impose damage to the military capabilities of our allies or partners. The waiver authority is not for a blanket waiver. It is transaction specific. There are strict criteria for considering a waiver. Waivers of CAATSA Section 231 will be considered on a transaction by transaction basis. We cannot prejudae any sanctions decisions."