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Iran, Russia Vow to Accelerate Implementation of Joint Railway Projects

31 May 2014 18:06

Iran, Russia Vow to Accelerate Implementation of Joint Railway Projects

Iran’s Ambassador to Moscow Mahdi Sanayee and Head of the Russian State Railways Company Alexander Yakunin pledged to do their best to complete joint railroad projects, specially the one which will link the two countries via the Azerbaijan Republic.

According to Fars news Agency, in a meeting on Friday, the two officials voiced readiness for consolidating Tehran-Moscow economic cooperation in all domains, particularly joint railway projects.

The Iranian ambassador said,“The plan for connecting the two countries through railway is practically complete now and only a few kilometers of it have remained, whose construction will not take a long period.”

Sanayee went on to say that there are four other joint projects between the two countries in railway transportation field, including electrifying the two countries’ railway systems.

Iran-Russia trade currently totals $5bln a year, but economists say they can at least quadruple the volume of their trade exchanges.

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