Russia says any oil-for-goods deal with Iran would follow UN rules

WASHINGTON, April 11 Fri Apr 11, 2014 3:00am EDT

WASHINGTON, April 11 (Reuters) - Russian Finance Minister Anton Siluanov said on Friday any oil-for-goods deal between Moscow and Iran would follow United Nations rules on sanctions, not U.S. rules.

Siluanov would not say whether a deal had been sealed with Iran.

U.S. Treasury Secretary Jack Lew warned Siluanov on Thursday on the sidelines of a International Monetary Fund-World Bank meeting in Washington that any oil-for-goods deal Moscow might strike with Iran could run afoul of U.S. sanctions.

"We act on the basis of the decisions made by the United Nations that set sanctions, set product groups which would be sanctioned and we operate within those decisions," Siluanov told journalists.

"There is a nuance. Our American partners have their own legislation which differs somewhat from the provisions set by the United Nations and they follow their own rules." (Reporting by Lidia Kelly, editing by Elizabeth Piper)

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
Comments (1)
Dhirajkunar wrote:
Why dosent Russia sign the deal? Why the hesitation? Whom is Russia afraid of? America is no more the head of the village. It in fact is very wary of Russia. Why then the hesitation? Whats the problem? This is the right time to give the enemies of Russia a slap on their face. And this slap should be so strong that the enemies of Russia will forget their way home.

Apr 11, 2014 11:50am EDT  --  Report as abuse
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.