Russia is taking legal action to block companies controlled by Iran from acquiring the strategic Astrakhan port on the Caspian Sea in violation of United Nations sanctions, the Russian competition watchdog chief said.
"We know that these companies, through a certain chain, are under the direct control of the government or structures close to the government of the Islamic Republic of Iran," Igor Artemyev, head of the Federal Anti-Monopoly Service, told reporters Tuesday. "Ports are strategic assets."
After the Russian government blocked a deal two years ago, the Iranian-controlled companies bought a significant stake in the port from its Russian owners and now control at least 25 percent, Artemyev said. Russia is working on annulling the deal, which contravenes United Nations sanctions against Iran imposed over its disputed nuclear program, he said.
Five nations share the Caspian: Russia, Iran, Kazakhstan, Azerbaijan and Turkmenistan. The five littoral states have failed to agree on the maritime boundaries of the Caspian Sea after the disintegration of the former Soviet Union in 1991.
"The Iranians have provoked Russian anger with their actions here," Alexei Malashenko, a Middle East analyst at the Carnegie Moscow Center, said by phone. "Relations are already difficult."
A Russian court has already banned Astrakhan Port from paying dividends and conducting share transactions, the service said in a statement. According to the court decision, the companies affected are Khazar Sea Shipping Lines, South Way Shipping Agency and Azores Shipping. The companies, whose contact details were publicly unavailable, couldn't be reached for comment.
A Message from The Moscow Times:
Dear readers,
We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent."
These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia.
We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help.
Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact.
By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us.
Remind me later.
