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Russia Returns Iran's Prepayment For S-300

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  • Russia Returns Iran's Prepayment For S-300

    RUSSIA RETURNS IRAN'S PREPAYMENT FOR S-300

    PanARMENIAN.Net
    September 23, 2011 - 11:43 AMT

    PanARMENIAN.Net - Russia has returned the $167 million prepayment
    for S-300 air defense missile systems to the Islamic Republic of Iran.

    The contract to supply Iran with the missile system was signed at the
    end of 2007, with Russia obliging to supply five divisions' worth of
    S-300PMU-1 for $800 million. Russia canceled the contract over the
    UN sanctions imposed against Iran.

    "We guarantee return of prepayment in case of circumstances not
    envisaged by the contact, like it happened now," Russian defense
    official Anatoly Isaykin told Kommersant daily.

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