29 Mar 2024
Saturday 12 April 2014 - 11:44
Story Code : 92146

Russia says any oil-for-goods deal with Iran would follow UN rules

(Reuters) - RussianFinanceMinister Anton Siluanov said on Friday any oil-for-goods deal between Moscow andIranwould followUnited Nationsrules on sanctions, not U.S. rules.
"We act on the basis of the decisions made by theUnited Nationsthat set sanctions, set product groups which would be sanctioned and we operate within those decisions," Siluanov told journalists during the International Monetary Fund-World Bank meetings in Washington.

"There is a nuance. Our American partners have their own legislation which differs somewhat from the provisions set by the United Nations and they follow their own rules."

Siluanov would not say whether a deal had been sealed withIran.

U.S. Treasury Secretary Jack Lew warned Siluanov on Thursday on the sidelines of the meeting in Washington that any oil-for-goods deal Moscow might strike with Iran could run afoul of U.S. sanctions.

He also said it would run counter to an interim deal Tehran struck with six world powers, including the United States andRussia, regarding its nuclear program.

By Reuters

 

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