Russia�s largest defense manufacturer Almaz-Antey and Iran�s Center for Innovation and Technology Cooperation signed an agreement Thursday to boost industrial and manufacturing cooperation, the Russian company said.

MOSCOW (Sputnik) � The sides agreed to promote Russian non-military products to the Iranian market, Almaz-Antey's deputy director general, Alexander Vedrov, announced.

"At the first stage, we plan to exchange information and to organize joint meetings of Russian and Iranian industrial companies with their potential customers," Alexander Vedrov said.

He added that Iran expressed deep interest in integrating innovative Russian technologies in industrial production and airport management.

Almaz-Antey, established in 2002, delivers products to foreign customers through Russia�s state-run arms exporter, Rosoboronexport, as well as operates as an independent entity engaged in military and technical cooperation.

The corporation is the manufacturer of the S-300 air defense system. In 2007, Russia and Iran signed a deal for the delivery of five S-300s, but the agreement was halted by Moscow after the UN Security Council issued an arms embargo on Tehran. In April, Moscow lifted the ban on defense system deliveries to Iran.

By Sputnik News