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| Syria-Lebanon-Iran |
| Russia to pay to Iran only exact sum over cancelled S-300 contract |
| 2010-10-08 |
| (Itar-Tass) -- Russia will pay Iran only 166.8 million U.S. dollars as compensation payment over the cancelled contract on the supply of its S-300 air defence missile systems, the director of Russian Technologies State Corporation Sergei Chemezov stated on Thursday. "We have received an advance payment of 166.8 million U.S. dollars under the contract, and in line with the contract's force majeure provision we shall repay the sum we have received as advance payment," said. "We shall pay this exact sum, not a single cent in excess," he said. According to Chemezov, the U.N. Security Council resolution, following which the Russian president ordered to ban S-300 supplies to Iran be a decree, falls under the definition of force majeure circumstances. "In this connection we have cancelled the contract and are paying back the advance money we have received," he said. |
| Posted by:Fred |
| #4 ION TOPIX > US WORRIED OVER GROWING TURKEY, CHINA, IRAN NEXUS. * RUSSIA TODAY > RUSSIA'S NEW NAVAL BASE IN VIETNAM [return to Cam Ranh Bay]. Iff Moscow makes a final political decision, the RussNav may begin refurbishing Can Ranh Bay facils as early as 2013. Lest we fergit, NET > CHINA'S ANGST OER INDIAN CARRIER PORT LEASE WID VIETNAM, + LATTER'S POTENS GRANTING OF PORT RIGHTS TO EVERYONE EXCEPT CHINA + CPLAN??? * CHINESE MIL FORUM > [PRC Fishing Fleets]CHINESE CIVILIANS STIR DISPUTED WATERS [Econ Proxies of Beijing + CPLAN for Chin's sovereign interests] * BHARAT RAKSHAK > CHINA'S FISHING TRAWLER OFFENSIVE. * CHINESE MIL FORUM > DAOYUS Incident > [The Economist] OVER BUT NOT OUT | OVER BUT NOT OUT - CHINA'S SPAT WID JAPAN. |
| Posted by: JosephMendiola 2010-10-08 22:13 |
| #3 Thank Obama you spineless human not the ruskies |
| Posted by: Chunky Grock3898 2010-10-08 14:02 |
| #2 Iran: you can manipulate some Western politicians, but good luck with the Russians. |
| Posted by: American Delight 2010-10-08 09:46 |
| #1 the contract's force majeure provision A Latin phrase meaning "sucks to be you". So how long did the Rooskis sit on the 167 mil? Seems like this deal has been going on and off forever. |
| Posted by: SteveS 2010-10-08 02:38 |