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Weapons of Mass Destruction (WMD)

New UN sanctions not to affect Iranian-Russian economic ties - lawmaker

RIA Novosti

19:2627/05/2010 MOSCOW, May 27 (RIA Novosti) - The UN Security Council's draft resolution on new sanctions against Iran will not affect trade and economic agreements between Moscow and Tehran, a Russian lawmaker said on Thursday.

"For us it is important that the possible sanctions, to be specified in the resolution, do not affect existing contracts in the trade and economic sphere," said Mikhail Margelov, head of the upper house's international relations committee.

The Iranian, Brazilian, and Turkish foreign ministers agreed on May 17 that Iran will swap in Turkey most of its 3.5%-enriched uranium for 20%-enriched fuel for use in its Tehran scientific research reactor.

The move did not stop the Iran Six (Russia, the United States, Britain, France, Germany and China) from continuing discussions, begun on April 19, on a draft Security Council resolution to increase sanctions against Iran over its nuclear program.

Iranian president Mahmoud Ahmadinejad has criticized Russia and China, which have previously spoken out against sanctions, for supporting the draft.

Margelov described the draft resolution as the "result of serious compromise, which factors in the concerns of Russia, the United States and China."

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