Russia, Iran to sign agreement on railway project

The Russian and Iranian railway departments will sign an agreement within the construction of the Qazvin-Rasht-Astara railway soon, the official website of the National Iranian Television Iribnews said on September 24.

The Russian Railways is engaged in the construction project of the Rasht – Astara (Iran) – Astara (Azerbaijan) railway line, which is being implemented jointly with “Azerbaijan Railways” and “Iranian Railways.”

The Rasht – Astara (Iran) – Astara (Azerbaijan) railway line construction project is of great importance for the development of the international transport corridor “North – South”. The commodity market is estimated at 25-26 million tons by 2015. A significant part of the “North – South” corridor stretches through Russian railways.

Creating a direct rail link to the west coast of the Caspian Sea can significantly affect the growth of the transportation in the region and become a good stimulus for the expansion of foreign economic relations of these countries with the European countries.

Source : http://en.trend.az

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