Russia returns Iran's advancement payment for S-300 May 8, 2012 - 19:31 AMT PanARMENIAN.Net - A senior Iranian official announced on Tuesday, May 8, that Moscow has returned Iran's advancement payment along with its interest fees after it refused to deliver S-300 air-defense systems to Iran in compliance with the two countries' contract, Fars News Agency reported. "The main payment and its interest was returned to Iran by the Russian side," Foreign Ministry spokesman Ramin Mehman-Parast said in his weekly press conference in Tehran. "A paragraph had been foreseen in the contract for compensation," he explained, saying that based on international laws, any country which breaches its contract terms with another state should pay indemnity. The International Court of Arbitration settles international commercial disputes and since the Russian company (responsible for the S-300 contract) is non-governmental, Iran filed a complaint with the court in order to compensate for its losses. Under a contract signed in 2007, Russia was required to provide Iran with at least five S-300 air-defense systems. However, Moscow's continued delays in delivering the defense system drew criticism from the Islamic Republic on several occasions. Former Russian President Dmitry Medvedev issued a decree in September 2010 prohibiting the sale of S-300 missile systems to Iran, citing restrictions under sanctions the UN Security Council imposed on Tehran in June over its nuclear activities.   Top stories Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot".   Partner news |  Latest news Power of One Dram sums up two-year program with Teach for Armenia  Idram Junior also joined the companies during the visit, bringing with it a fascinating intellectual game for childrenMoscow slams EU mission in Armenia for “provocative activity” The EU mission is doing more and more against Armenia’s neighbors Russia, Azerbaijan and Iran, Mikhail Galuzin said.Yerevan Mayor to travel to Paris on May 15-19 The official delegation headed by Yerevan Mayor Tigran Avinyan will travel to Paris from May 15 to 19.Armenia, India hold first defense consultations The meeting was attended by Indian Ambassador Nilakshi Saha Sinha and Defense Attaché Brigadier General Naveen Nijhawan. |
