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Iran negotiating to expand railway ties with Russia, Azerbaijan

Business Materials 15 August 2019 09:38 (UTC +04:00)

Tehran, Iran, Aug.15

Trend:

Iran 's Minister of Road and Urban development has held trilateral talks with Russia and Azerbaijan to expand trade ties and complete the railway connections that would link to the International North–South Transport Corridor.

"The economy of Iran, Russia , India and other countries in the region would evolve by completing this railway corridor," said Mohammad Eslami, Trend reports citing IRIB.

The International North–South Transport Corridor would link Iran to Russia and northern Europe, one of the biggest plans in this regard is completing Rasht – Astara railway.

Eslami has also attended the ministerial meeting of five Caspian Sea littoral states in Turkmenistan where he discussed the railway cooperation with Ministry of Railway Transport of Turkmenistan.

The CEO of Iran's Railway (RAI) Saeed Rasouli discussed the solutions to expand bilateral cooperation between transportation sectors of two countries.

Also, the Iranian delegation has reviewed the issues concerning the current issues of China Economic Corridor and transportation of containers during the meeting with railway officials of Kazakhstan.

Rasouli also has discussed the way to expand railway and transportation ties between Iran, Azerbaijan and Turkmenistan.

The official called on establishment of a working group to follow the decisions of joint meeting in Turkmenistan to expand transportation cooperation between the Caspian Sea states.

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