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Russia, Iran May Revive Several Arms Deliveries Contracts

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Moscow and Tehran are planning to revive several contracts on deliveries of Russian-made weaponry to Iran, Alexander Fomin, director of the Federal Service for... 07.11.2016, Sputnik International

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Russia, Iran May Revive Several Arms Deliveries Contracts

14:25 GMT 07.11.2016 (Updated: 14:52 GMT 07.11.2016)

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Moscow and Tehran are planning to revive several contracts on deliveries of Russian-made weaponry to Iran, Alexander Fomin, director of the Federal Service for Military-Technical Cooperation, said Monday.

STRELNA (Russia), (Sputnik) — Previously, Fomin stated that Russia's portfolio of arms export orders currently totals $52 billion.

According to him, Russia is expected to sell about $15 billion worth in weaponry, both in 2016 and 2017.

"We have several contracts that have been signed long ago, which both sides want to revive and implement," Fomin told RIA Novosti.