That would leave only the French and the Russians, because the french would not impose sanctions, just jack up the price. For the stated aim of replacing the Mig 21, its great, but as you say, other considerations would put it at the bottom of the heap, along with the F-18.
How do the costs compare, the Gripen v/s the Eurofighter and the Russians?
The Gripen has a great advantage on initial and life-cycle costs. The Eurofighter is probably the most expensive jet in the competition and the fact that it’s producers will most probably cut orders is not going to help it. The Mig looks like a no-show given the current chill in Indo-US ties as well as the unpalatable scenario of having three Russian systems (SU-30/fifth-gen. fighter and Mig-35) at the same time.
My own preference would have been the Gripen, but I assume that the Super-Hornet is a front runner for political and commercial reasons.Can’t rule out the Rafale too.