Iranian President Ebrahim Raisi and Russian President Vladimir Putin have signed an settlement on the development of a 1.6-billion-dollar railway that may join the railways of Iran, Russia, and Azerbaijan, generally known as the Rasht-Astara railway.
In the course of the signing ceremony, which came about through video-link in Tehran and Moscow on Wednesday, the 2 presidents hailed the settlement and mentioned it could profit the transit of products within the area.
President Raisi mentioned the settlement was “an essential and strategic step” in cooperation between the Islamic Republic and the Russian Federation.
“There exists cooperation between Iran and Russia in numerous fields, and that is one manifestation of that cooperation that’s being materialized at this time,” Raisi mentioned.
The Iranian president mentioned the development of the railway wouldn’t solely profit Iran and Russia, and that different international locations which are within the path of the railway — which is a part of the Worldwide North-South Transport Hall — would additionally take benefits.
President Putin additionally known as the broader railway “distinctive” and mentioned it could diversify international visitors routes.
“I wish to emphasize that the distinctive North-South Transport Hall, of which the Rasht-Astara railway will turn out to be an element, will assist considerably diversify international visitors flows. Transportation alongside the brand new hall could have important aggressive benefits,” the Russian president mentioned.
He mentioned Moscow and Tehran’s relations have been being pursued on the highest ranges and that Russia paid “particular consideration” to its ties with Iran.
He additionally thanked Chief of the Islamic Revolution Ayatollah Seyyed Ali Khamenei, who he mentioned paid fixed significance to ties between Tehran and Moscow.
The 162-kilometer railway will join the northern Iranian metropolis of Rasht, close to the Caspian Sea, to Astara on the border with Azerbaijan Republic.