Ongoing Negotiations for Russian Financing of Rasht-Astara Railway

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Ongoing Negotiations for Russian Financing of Rasht-Astara Railway

Iran deputy transport minister, Shahriyar Afandizadeh, informed of the news right after a video conference meeting with his Russian counterpart, stating that the initial draft of the agreement on the part of Russia for financing this strategic railway along the North-South Corridor with the length of ۱۶۲ km is already under considerations by Iran. Deputy Transport Minister of Roads and Urban Development, pointing to the geographical location of Iran at the center of the North-South and East-West transport corridors, said with current infrastructure, the use of multi-modal transport is an effective solution to improve transit throughout Iran which can be drawn on till the completion of the Astara-Rasht Railway.