Domestic Economy

Iran Signs Rail Agreements With Turkey

Rail Agreements With Turkey
Rail Agreements With Turkey

Iran and Turkey have signed three documents for maximizing the capacity of freight and passenger rail transportation, Managing Director of the Islamic Republic of Iran Railways Saeed Rasouli said on Monday. 
“Over the nine months to Dec. 20, more than 500,000 tons of cargos were transported between Iran and Turkey despite the coronavirus crisis; the figure would reach 600,000 by the end of the current Iranian year [March 20, 2021] which is an acceptable record,” he was quoted as saying by the news portal of the Ministry of Roads and Urban development. 
Iran and Turkey exchanged $335.06 million worth of goods and commodities in November 2020, marking an increase in monthly trade for the second successive month. 


Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment