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India and Russia also announced a deal to pave the way for a group led by Russian oil giant Rosneft to acquire India's Essar Oil.
This is the first time for the two diplomats to meet since relations between Moscow and Washington soured.
India and Russia have been in talks for the sale of the weapons system for more than a year.
But Egypt has denied it will host a Russian military base along the northwestern Mediterranean coast.
Turkey expects Putin's visit to hasten the normalization of ties which neared collapse after the SU-24 incident last year.
Kremlin officials say the US election is fueling anti-Russian rhetoric.
Cold War jabs? It looked bleak for Russia-US relations until the two top diplomats met late Wednesday.
For the first time opposition candidates were given air time on State-controlled media.
The Pentagon responded to a query about the attack saying they were checking with Centcom to confirm the reports.
“We expect a return to positive real GDP growth in 2017-2019 averaging 1.6 percent,” S&P global ratings firm said.
