URGENT: Medvedev denies Iran-missile shield tradeoff with U.S.

MADRID, March 3 (RIA Novosti) - Russia's president confirmed on Tuesday that letters had been exchanged with his U.S. counterpart, but denied reports that Washington had pledged to drop its European missile shield plans if Moscow helped resolve a nuclear dispute with Iran.

"We are in correspondence, but no tradeoffs have been discussed, I assure you," Dmitry Medvedev told a news conference in Madrid.