Russian Railways signs memorandum on cooperation on Rasht-Astara project

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The President of Russian Railways Vladimir Yakunin signed a tripartite Memorandum of Understanding on cooperation on the project Rasht – Astara with Azerbaijan Railways and Iranian Railways in Tehran during a working visit to Iran.

“In order to develop and strengthen co-operation on railway transport between our countries, we have agreed to a joint project to build a railway line Rasht – Astara,” Yakunin said after signing the memorandum, which was also signed by the CEO of Iranian Railways Saheb Mohammadi and the Chairman of Azerbaijan Railways Arif Askerov.

A direct rail link between Russian and Iran via Azerbaijan and the project to build the railway line Rasht – Astara (Iran) – Astara (Azerbaijan) is of great importance for the development of the North-South International Transport Corridor. This corridor aims to link Russia and Iran to Finland, travelling through countries such as Estonia, Latvia, Germany, Poland and Oman. India, Iran and Russia signed the Intergovernmental Agreement in 2000 as a strategic partnership between the three countries.

A joint venture will be set up to implement the project, with the partners to agree on the details in the near future.

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