Iranian minister says oil-goods swap deal not topic on Russia visit


  • World
  • Friday, 17 Jan 2014

Russian President Vladimir Putin (R) passes Iran's Foreign Minister Mohammad Javad Zarif during their meeting in Moscow's Kremlin January 16, 2014. REUTERS/Sergei Karpukhin

MOSCOW (Reuters) - A potential multi billion dollar oil-for-goods swap was not on the agenda of meetings with Russian officials, Iran's Foreign Minister Mohammad Javad Zarif said on Thursday during a trip to Moscow.

Sources told Reuters last week that Iran and Russia are negotiating a swap deal, worth $1.5 billion (£918.3 million) a month, that would enable Iran to lift oil exports substantially.

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