17:12 GMT +325 May 2019
Listen Live
    An S-300 surface-to-air missile system

    Clear Skies: Iran About to Acquire Russian S-300 Missile Defense Systems

    © Sputnik / Uriy Shipilov
    Business
    Get short URL
    4285

    Russia has signed a contract with Iran on the delivery of S-300 missile defense systems and as soon as the first part of the contract is fulfilled.

    DUBAI (Sputnik) Russia has signed a contract with Iran on the delivery of S-300 missile defense systems and as soon as the first part of the contract is fulfilled, Tehran will rescind its court case against Russia for non-delivery, the head of Russia's state technologies corporation Rostec said Monday.

    "The contract on delivery of S-300 to Iran has not only been signed by the sides but has already entered into force," Sergei Chemezov said at the Dubai Airshow-2015.

    He added that as soon as the first part of the contract is fulfilled, then Iran would rescind its court case against Russia for the non-delivery of the system, basically due to economic sanctions that were in place against Tehran.

    Chemezov didn't elaborate exactly which variations of the S-300 missile defense systems will be supplied to Iran.

    Moscow and Tehran signed an $800-million deal for the delivery of five S-300 missile systems in 2007. In 2011, Iran sued Russia in the Geneva Arbitration Court after Moscow suspended the contract in 2010, citing a UN Security Council resolution that placed an arms embargo on Tehran.

    Russian President Vladimir Putin lifted the S-300 delivery ban in April 2015, shortly after the P5+1 group of international negotiators and Iran reached a framework nuclear agreement to remove all economic sanctions against Tehran in exchange for its pledge to ensure that all nuclear research in the country will be for peaceful purposes.

    Related:

    Russia, Iran in Talks on Arms Cooperation, Missile Systems Supplies Ongoing
    Russia Delivering Air Defense Systems to Iran
    Russia Modernizing S-300 Missile System for Iran
    Tags:
    S-300 air defense system, Rostec, Iran, Russia
    Community standardsDiscussion
    Comment via FacebookComment via Sputnik