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Russia Expects Military Contracts With Iran to Be Worth ‘Billions

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Vladimir Kozhin, a presidential aide responsible for military and technical cooperation said that Russia expects military contracts with Iran to be worth “billions,” as Tehran is “highly interested” in buying Russian military equipment.

The emblem of the Russian Defense Ministry adorns the fence around the Defense Ministry's headquarters in Moscow, Russia, Thursday, Oct. 25, 2012

MOSCOW (Sputnik) — Russia expects military contracts with Iran to be worth “billions,” as Tehran is “highly interested” in buying Russian military equipment, Vladimir Kozhin, a presidential aide responsible for military and technical cooperation, told the Izvestia newspaper.According to Kozhin, when the sanctions imposed on Iran over fears it was developing a nuclear weapon are lifter, Russian-Iranian military-technical cooperation will see “serious development.”

Iran has already renewed S-300 anti-aircraft missile system deliveries from Russia. On November 9, Russia signed a new contract to supply Iran with the systems by the end of the year for the first time since the 2010 freeze on supplies under the 1929 UN Security Council resolution.

Russia’s S-300 deal became possible again after Iran reached an agreement on its nuclear program with the P5+1 group of international mediators on July 14. Iran agreed to ensure the peaceful nature of its nuclear program in exchange for easing of the sanctions imposed against the country.

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