Russian Foreign Minister Sergei Lavrov: Moscow will scuttle any UN Security Council resolution that could be interpreted as authorizing military action against Iran; Tehran agreed to finance Iran-Pakistan Gas Pipeline Project
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  • According to reports, Russian Foreign Minister Sergei Lavrov has said that Moscow will scuttle any UN Security Council resolution that could be interpreted as authorizing military action against Iran. He stated “We won’t allow any more such disingenuous interpretations. We will see to it that no resolution is open to interpretation like the one on Libya.” Russia will therefore exercise an extremely cautious approach at the UN Security Council. 1

    In another development, according to reports, Russia and China appear to be losing the race for the $1.5 billion Iran-Pakistan (IP) gas pipeline project as Islamabad and Tehran have agreed to sign a $250 million loan agreement next month for laying Pakistan’s portion of the pipeline. This deals come despite the US pressure, which opposes big commercial deals with Iran because of Tehran’s nuclear program. Iran has offered an additional loan of $250 million from its commercial banks and will also provide material support for the pipeline. According to sources, Iran will provide a total of $500 million to finance the gas pipeline and the remaining amount will be arranged by Pakistan through collection of gas infrastructure development cess, a kind of tax being paid by domestic gas consumers. 2

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