360° Coverage : Iran seeks to settle dispute with Russia over S-300

Iran seeks to settle dispute with Russia over S-300

Moscow, June 11 (IANS) Iran seeks to settle its contract dispute with Russia over the supply of S-300 anti-aircraft missile systems, Iranian ambassador to Moscow has said.

Jun 11 2013, 1:29am CDT | by

Iran seeks to settle dispute with Russia over S-300
Photo Credit: BEHROUZ MEHRI, Getty Images

Moscow, June 11 — Iran seeks to settle its contract dispute with Russia over the supply of S-300 anti-aircraft missile systems, Iranian ambassador to Moscow has said.

The Islamic republic is suing Moscow in the International Court of Arbitration demanding $950 million of compensation for the contract cancelled by Russia arms export agency Rosoboronexport.

"We want to resolve that issue peacefully and don't want there will be spots in our relations with Russia," Xinhua quoted Reza Sajjadi as telling reporters here Monday.

The UN Security Council in 2010 passed a resolution banning supply of conventional weapons to Iran, including missile systems, tanks and warships.

Russia cancelled the S-300 contract, saying the resolution applied to former contract of the missile system.

Rosoboronexport earlier admitted it has been seeking a settlement agreement with Tehran over the contract after the court fined Russian company $3 billion.

IANS

Source: IANS

 
 
 

<a href="/latest_stories/all/all/8" rel="author">Luigi Lugmayr</a>
Luigi is the founding Chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.

 

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