A lawsuit for the sum of 4 billion dollars, directed against Moscow earlier by Tehran for failing to complete a contract for the supply of S-300, will not prevent the signing of a new contract, an informed source said during MAKS-2015.
"The parties agreed that the lawsuit against Rosoboronexport, which Iran submitted to the Geneva court, with the requirement to pay a penalty amounting to nearly 4 billion dollars, will be withdrawn," Interfax quoted him as saying.
The source explained that the way out of this situation was agreed upon by the parties during a visit by Defense Minister of Iran Hossein Dehgan to Moscow in April this year.
He also added that the lawsuit can be withdrawn before the signing of a new contract for the sale of Antey-2500 systems to Iran, noting that "today it is a technical procedural matter already."
