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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.
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.