Russian, Iranian companies discuss barter deal terms: minister

April 15, 2015 11:33 AM

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Russian, Iranian companies discuss barter deal terms: minister

MOSCOW (Reuters) - Russian and Iranian companies are discussing terms for a barter deal which will not include oil deliveries, Russian Energy Minister Alexander Novak said on Wednesday, trying to end confusion over the status of a long-heralded agreement.

Russian officials said on Monday Russia was sending grain, equipment and construction materials to Iran in an oil-for-goods exchange, the first step in securing a foothold in a new market since the West imposed sanctions on Russia over Ukraine.

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