Iran, Russia set to boost transport, energy ties
TEHRAN – The Industrial Development and Renovation Organization of Iran (IDRO) and Russian Trade and Economic Development Council (RTEDC) signed an agreement in Tehran on Tuesday to expand cooperation in rail, oil and gas, renewable energies, and auto industries. The agreement also addresses a $2.5-billion financing for co-manufacturing of 1,000 freight, passenger and subway wagons during a 3-5 year period. The deal was signed in July by IDRO and Russia’s Transmashholding in Tehran. Central Bank of Iran Governor Valiollah Seif aid in August ...
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