Iran Inks Rail Deal Worth 2.5 Billion Euros With Russia
Iran and Russia signed a 2.5-billion Euro deal on joint manufacturing of passenger and cargo wagons in Iran, IRIB reported. The deal was inked between Industrial Development and Renovation Organization of Iran (IDRO) and Russia's largest manufacturer of locomotives and rail equipment, Transmashholding, in Tehran on Monday. Iranian Industry, Mining, and Trade Minister Mohammadreza Nematzadeh and Deputy Foreign Minister Abbas Araqchi besides Russian Ambassador to Tehran Levan Dzhagaryan were present in the signing ceremony. The two sides had ...
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