IAS Gyan

Daily News Analysis

U.S. imposes CAATSA sanctions on Turkey for S-400 Purchase

15th December, 2020 International Relations

Context: The issue of sanctions by the U.S. for purchase of Russian arms is of particular interest to New Delhi, which is also in the process of buying the S-400 from Moscow.

  • The U.S. has imposed sanctions on NATO-ally Turkey for its purchase of Russia’s S-400 missile defence system.
  • The sanctions comprise of a ban on granting specific U.S. export licenses and authorisations for any goods or technology, a ban on loans or credits by U.S. financial institutions totaling more than $10 million in any 12-month period,a ban on U.S. Export-Import Bank assistance for exports.

Countering America's Adversaries Through Sanctions Act, CAATSA

  • It is a United States federal law that imposed sanctions on Iran, North Korea, and Russia.