The Russian Minister of Transport stated that Russia will start conducting engineering analysis for the development of the strategic Rashtoastara Railway within the coming months as a part of the settlement between Moscow and Tehran.
Rome’s Starvoit informed reporters on Wednesday that the railway challenge’s execution contract is predicted to be signed by the tip of March 2025, Russian TASS information company reported.
Additionally, the minister stated annex agreements had been signed between the 2 nations on Tuesday, permitting Iran to start preliminary research earlier than it completes the method of buying and buying land on the railway route.
The 162-kilometer railway connects the Iranian metropolis of Rasht close to the Caspian Sea to Astara, on the border with Azerbaijan.
Starovoit famous that after analysis and route design is accomplished, the ultimate price of constructing the railway line will probably be decided.
According to the report, Russia and Iran signed an settlement on the joint building of the Rashtoastara route on May 17, 2023. Under the settlement, Moscow is planning to offer Tehran with a authorities mortgage of 1.3 billion euros for the challenge. The complete price of the railway line is estimated to be round 1.6 billion euros.
The challenge is a part of a contract signed by Russia, India and Iran in 2000 and is a world north-south transport hall that may be a community of seven,200 km ships, rails and roadways for Indian and Iranian cellular freight. It is a part of an settlement to determine an INSC. , Azerbaijan, Russia, Central Asia, Europe.
MA/PR