Political Risk

Russia Quickly Maneuvers to Capitalize on Iran Nuclear Deal

“Sergey V. Lavrov, the Russian foreign minister, lost no time in talking about the accord on Iran’s nuclear program. He was on television minutes after the deal was clinched, and even before the formal news conference had begun, announcing the landmark agreement to the audience back home and emphasizing the many potential benefits, strategic and economic, that it holds for Russia. The deal reopens the door for lucrative contracts to expand Iran’s civilian nuclear energy program, which Russia has been looking forward to for years. And it may neutralize a major reason the United States has offered for developing a missile defense system in Europe, a project that President Vladimir V. Putin and other Kremlin officials have said was a threat to Russian security.”

Source: Russia Quickly Maneuvers to Capitalize on Iran Nuclear Deal – The New York Times

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