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Saturday, October 16, 2010

Russia may sell S-300 missiles to Venezuela, instead of Iran


Russia's S-300 air defense systems, which Moscow refused to deliver to Iran following a new round of UN sanctions against the Islamic Republic, could be sold to Venezuela instead, a Russian arms trade expert said on Friday.

Russia signed a deal to deliver five battalions of S-300PMU-1 air defense systems to Iran in 2007 but banned the sale in September, saying the systems, along with a number of other weapons, were covered by the fourth round of sanctions imposed by the UN Security Council against Iran over its nuclear program in June.

"Russia is looking for a buyer of five battalions of S-300PMU-1 air defense systems ordered by Iran, which are worth $800 million, and Venezuela could become such a buyer," said Igor Korotchenko, head of a Moscow-based think tank on the international arms trade.

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