Russia bans Iranian investments in nuclear industry

The decree was issued by Russian President Dmitry Medvedev last Wednesday to comply with the U.N. Security Council resolution No. 1929, Xinhua reported.
 
"Any investment by Iran, its citizens and legal entities registered in Iran or located in its jurisdiction, or individuals or legal entities acting on their behalf or on their orders, or organizations owned or controlled by them, in any commercial activity related to uranium production, or production or use of nuclear material, equipment, special non-nuclear materials and relevant technologies subject to export control, will be prohibited in Russia," the presidential decree said.
 
In particular, the document banned investments in uranium enrichment, processing of used nuclear fuel and all other operations involving heavy water or the technology related to ballistic missiles capable of delivering a nuclear weapon.
 
Earlier this week, Russia scrapped plans to deliver S-300 air defense missile systems to Iran as they fall under the U.N. sanctions. Iranian officials responded that the country would sue Russia if Moscow fails to deliver the system to Iran.


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