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Iran in talks with Russian Federation to sell heavy water

“Iran’s strong objection over the ruling was conveyed during the meeting between Iranian official and the Swiss envoy”.

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“A knowledge of markets in both countries would facilitate ties and trade; we have already had relations however in the recent past”, he added.

The court in March said Teheran had to pay US$10 billion to the victims of 9/11 and insurers after Iran failed to show up to defend itself against the charges.

Last year, South Korea imported US$2.20 billion worth of crude oil from Iran, down 51 percent from the previous year and far lower than $9.36 billion in 2011.

Referring to the confiscation of the United States dollars two billion in frozen Iranian assets, Zarif said, “It is a theft”. They should not assume, he said, that was once prohibited is still prohibited. The department expects to resell the purchased heavy water to domestic commercial and research buyers, including a national lab.In the interview, Mr. Moniz said he saw the United States of America government making only one purchase of the heavy water, which can be used to stimulate fissile reactions inside nuclear reactors.Conceivably, US could be tiptoeing toward deeper collaboration with Iran’s Arak heavy water plant, which, under the nuclear agreement of last July, is being converted into an global science and technology center.

The Iranian Students News Agency reports 35 countries are sending representatives to the event in Tehran, though the 995 local firms registered for the event contrast with the 634 foreign companies that have completed their registrations.

It is not radioactive and the nuclear deal gives Iran the right to sell, dilute or dispose of it under certain conditions. House Foreign Affairs Committee Chairman Ed Royce said in a statement: “Once again, the Obama administration is handing Iran’s radical regime more cash”.

President Hassan Rouhani’s hardline critics say the ruling shows the United Sates’ continued hostility towards Iran, despite a landmark nuclear deal reached between Tehran and six major powers previous year.

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“Our defense is not subject to bargaining”, the Iranian foreign minister said.

Iran to take legal actions to retake US-seized assets