29 Mar 2024
Tuesday 6 September 2016 - 18:00
Story Code : 230290

Iran withdraws its S-300 lawsuit against Russia Kremlin

Tehran lodged a $4 billion lawsuit at an international court in Geneva against Russias arms export agency after Dmitry Medvedev in 2010 banned the supply of S-300 systems to Iran

KUBINKA (Moscow region), September 6. /TASS/. Tehran has fully withdrawn its lawsuit filed against Russia on the S-300 missile systems, Vladimir Kozhin, Russias Presidential Aide for Military Technical Cooperation, told TASS on Tuesday.

"Yes, it has been withdrawn," he stated.

In May, Kozhin told reporters that Iran took all necessary steps to withdraw the lawsuit, but some "legal procedures" had still remained.

In 2007, Tehran announced the purchase of the Russian S-300PMU-1 systems. However, in 2010, Russias then president Dmitry Medvedev banned the delivery of these weapons to Iran. As a result, Tehran filed a lawsuit against Moscow worth nearly $4 billion.

Later, Iran lodged a $4 billion lawsuit at an international court in Geneva against Russias arms export agency over Russias nonfulfillment of its obligations under the contract.

In spring 2015, Russian President Vladimir Putin lifted the ban on the S-300 missile system delivery to Iran.

Earlier reports said that S-300 supplies to Iran would be completed by the end of 2016.

S-300 (NATO reporting name SA-10 Grumble) is a missile defense system designed to fire surface-to-air missiles at aerial targets such as helicopters, warplanes and cruise or ballistic missiles.

By TASS

 
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