"When all restrictions and all sanctions are lifted, I think we will have a rather serious development in the sphere of military-technical cooperation, it partially now embraces items not covered by sanctions, and we hope for very large projects in the future," Vladimir Kozhin said.

MOSCOW, December 7. /TASS/. Russia hopes for a considerable expansion of the military-technical cooperation with Iran after all restrictions on supplies to that country are lifted, the Russian presidential aide on military-technical cooperation told the Izvestiya daily.

"The interest of the Iranian side is huge. They really need serious upgrade of their entire armed forces… Taking into account that it is a large country with large armed forces, of course, the talk will be about very large contracts, worth billions," Kozhin said.

Earlier he said Russia is starting delivery to Iran of S-300 air defense missile systems as part of the contract whose implementation was delayed by UN Security Council sanctions.

In early November, a new contract on supply of the systems to Iran entered into force. It was struck after in spring Russian President Vladimir Putin lifted a ban on the sale to Tehran of those air defense missile systems. It was reported that Iran will obtain the systems in the S-300PMU-2 variant.

Kozhin also reported that Iran is interested in the delivery of all types of Russian armaments, not only S-300 systems.