BREAKING NEWS

Russia seeks to avoid sanctions by buying equipment from Iran

By REUTERS

FEBRUARY 20, 2017 15:57

ABU DHABI - Russia hopes to get around European Union sanctions by reaching a deal with Iran for the supply of gas turbine equipment for two power plants in Crimea, the head of Russian state defense conglomerate Rostec said on Monday.

EU sanctions bar European individuals and companies from providing energy technology to Crimea, which was annexed by Moscow from Ukraine in 2014.

"Yes, we have problems with turbines, because Germany and some other European countries have banned deliveries to Crimea," Sergei Chemezov told reporters during a briefing in Abu Dhabi.

"We are negotiating with Iran, they are manufacturing similar turbines," he said.

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