Rail Freight Transit Doubles
Economy, Domestic Economy

Rail Freight Transit Doubles

Rail freight transit recorded a 120% surge in the 11 Iranian months ending Feb. 19, compared with last year’s corresponding period, IRNA quoted Hossein Ashouri, deputy head of the Islamic Republic of Iran Railways, as saying. The official referred to the lifting of nuclear sanctions on Jan. 16—as part of a July accord between Tehran and the world powers—as the main reason behind the rise in transit figures. Fixed tariffs, new corridors and reduced transit time, according to the official, have incentivized local and international transportation companies to consider Iran’s rail routes for business.


Short URL : https://goo.gl/rXzzkg
  1. https://goo.gl/YsU8MD
  • https://goo.gl/Hv8FQe
  • https://goo.gl/s8w9EI
  • https://goo.gl/K6Q0cq
  • https://goo.gl/B7lDHX

You can also read ...

How China Became Iran’s Coziest Trade Partner?
From bilateral trade to finance contracts and civil projects,...
The economy of the Islamic Republic of Iran has been tied to political and foreign affairs developments over the years.
This is the Financial Tribune’s last edition of the current...
Iranian Banking Sector Awaits Full JCPOA Benefits
Iran’s Deputy Foreign Minister Abbas Araqchi addressed various...
President Hassan Rouhani on Sunday spoke to reporters after the last Cabinet meeting of the current year.
President Hassan Rouhani on Sunday outlined his administration...
All-Out Growth in Interbank Market
The Central Bank of Iran has released its latest data on the...
Iran has more than 37 billion tons of proven mineral reserves and 57 billion tons of potential reserves.
Iran exported more than 58.09 million tons of mineral products...