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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Travis_Bickle who wrote (59351)	4/24/2006 3:23:36 PM
From: shades	Respond to of 110194

Russia Defense Min Confirms Missile Sale To Iran (does china and russia want iran to become a nukular power?) MOSCOW (AP)--Russia's defense minister confirmed Monday that his country will go ahead and supply Iran with sophisticated anti-aircraft missiles, news agencies reported. "Unless there are some circumstances beyond our control, this contract will be honored," Defense Minister Sergei Ivanov was quoted as saying by Interfax and RIA Novosti in Beijing, where he was on an official visit. The U.S. last week called on all countries to stop all arms exports to Iran and to end all nuclear cooperation with it in order to put pressure on Tehran to halt uranium enrichment activities. But Moscow insisted it will not stop a project to construct an $800 million nuclear power plant in Bushehr, southern Iran. And Nikolai Spassky, the deputy head of the Kremlin Security Council, said Russia wouldn't end military cooperation with Iran, including the commitment to provide the country with Tor-M1 air-defense systems. Russia's Defense Ministry has said Moscow will supply 29 sophisticated Tor-M1 air defense missile systems to Iran under a $700 million contract, according to Russian media reports. Ivanov also defended the Bushehr project, saying it "has nothing to do with the proliferation of weapons of mass destruction," according to ITAR-Tass. Tehran insists its nuclear program is for peaceful purposes, but the U.S. and some of its allies suspect Iran is trying to develop weapons. The U.S. and Europe are pressing for sanctions against Iran, a step Russia and China have so far opposed. (END) Dow Jones Newswires April 24, 2006 15:12 ET (19:12 GMT)