Iran, Pakistan to resume rail transport

Business Materials 18 May 2016 20:49

Tehran, Iran, May 18

By Mehdi Sepahvand - Trend:

Iran and Pakistan have agreed to resume rail transport.

The agreement was made during Iranian Rail Transport Co. regional director Mostafa Davudi's trip to Pakistan, Press TV reported May 18.

Accordingly, the Zahedan-Quetta railroad which had been mostly closed over the past few years will be reopened.

Iran is ready to increase bilateral trade with Pakistan from current level of $1 billion per year to $5 billion, the Islamic Republic president Hassan Rouhani said.

Rouhani made the remarks during a joint business forum in Islamabad, attended by senior Pakistani officials including Prime Minister Nawaz Sharif March 26.