Russia Seeks Amicable Settlement in Iran S-300 Lawsuit

Moscow is trying to persuade Tehran to withdraw its lawsuit against Russia’s state-run arms export company Rosoboronexport over a cancelled deal to supply S-300 air defense systems to Iran, Russian Technologies (Rostech) CEO Sergei Chemezov said. Iran’s Defense Ministry and The Aerospace Industries Organization have launched a $4 bln lawsuit against Rosoboronexport in an international arbitration court in Geneva in April 2011.

See the full article at RIA Novosti