Tehran and Moscow held talks on the completion of Rasht-Astara railway project in Iran, IRNA news agency reported on Monday, with reference to the announcement by Deputy Minister of Transport and Urban Development of Iran for Transport Shahriar Afandizadeh.
Iran has submitted its proposed 16-article memorandum to determine how Russia will participate in and invest in the Rasht-Astara railway project, Afandizadeh informed.
The Iranian Deputy Minister added that the Russian government is interested in participating in the completion of the Rasht-Astara railway by providing financial assistance.
In this regard, a bilateral memorandum between Iran and Russia was proposed and a trilateral memorandum was concluded between Iran, Russia and Azerbaijan, which follows a joint statement signed by the ministers of the three countries.
Afandizadeh added that at the 13th joint meeting between Iran and Russia, an understanding was reached regarding the transportation of 10 million tons of goods by 2023.