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S-300 Delivery Contract Close

S-300 Delivery Contract CloseS-300 Delivery Contract Close

A contract between Moscow and Tehran on the delivery of Russian S-300 missile defense systems to Iran will be signed in the near future, Russian Deputy Foreign Minister Sergei Ryabkov told journalists on Wednesday.

"The negotiations are continuing, the contract will be signed in the near future. All political decisions have been made, there are no obstacles there," Ryabkov said, Sputnik reported.

In 2007, Russia and Iran signed an $800-million deal for the delivery of five S-300 battalions. Moscow suspended the deal after the UN Security Council issued an arms embargo on Tehran over its nuclear program.

Russian President Vladimir Putin lifted the ban on S-300 deliveries in April, shortly after major powers and Iran reached a framework nuclear agreement to remove all economic sanctions against Tehran in exchange for its pledge to cut back on uranium enrichment and reduce the number of its centrifuge machines.  

 

Financialtribune.com