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.

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.
"The interest of�the Iranian side is very high. They are really in�need of�a serious update for�almost all of�its forces� Given that this is a large country with�large armed forces, of�course, it will be very large contracts, worth billions,� Kozhin said, as�quoted by�the 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.

By Sputnik