18:26 GMT +321 August 2019
Listen Live
    Tehran - Sari Railway

    Iran Initials Contracts With Russia on Railways, Thermal Power Plants

    © Flickr / ninara
    World
    Get short URL
    0 132

    Iranian Ambassador to Russia said that Tehran initialed contracts with Russia in the field of railways and the construction of four thermal power stations.

    MOSCOW (Sputnik) Tehran initialed contracts with Russia in the field of railways and the construction of four thermal power stations, Iranian Ambassador to Russia Mehdi Sanaei said Wednesday.

    "Yesterday [Mohammad] Khazaei – deputy economy minister – was here. They have already initialed the document for the financing of two contracts — one for the railway and the other for the construction of four thermal power stations," Sanaei said at a conference dedicated to Iran's future after the lifting of sanctions.

    The contracts are worth $2.2 billion, he noted.

    Russia and Iran have a long history of economic and political interaction.

    During a meeting held in September, Russian President Vladimir Putin and his Iranian counterpart Hassan Rouhani agreed to further expand bilateral cooperation, including among technological and commercial enterprises.

    In late November, Sanaei confirmed that Tehran aimed to deepen its relations with Moscow.

    Related:

    Iran Backs Talks Strengthening Global Oil Market
    Iran's Economy Ready to Accept Up to $100Bln Annual Foreign Investments
    Iran Talks Success, UN Resolution to Help Settle Syria Conflict
    Tags:
    construction, contracts, thermal power, Mehdi Sanaei, Iran
    Community standardsDiscussion
    Comment via FacebookComment via Sputnik