European companies active in Iran’s rail sector have not yet taken a stance whether to continue or end their cooperation with the Iranian sides after the US unilateral pullout from Iran’s nuclear deal, officially known as the Joint Comprehensive Plan of Action.
“If sanctions are reimposed, Russian and Chinese companies will replace European companies,” the deputy head of the Islamic Republic of Iran Railways for technical and infrastructure affairs said.
Maziar Yazdani also told ILNA that many projects have been devised with European and Asian partners, and it is too early to predict their fate.
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