Sputnik News- Russian and Iranian joint railroad projects benefit virtually all of Europe and Asia, according to the chief of the Iran Railways international affairs department. Abbas Nazari, head ofthe Islamic Republic ofIran Railways foreign affairs department, told Sputnik Persian that the cooperation betweenRussia and Iran onan intercontinental ...

Financial Tribune- Iran, Azerbaijan, Georgia, Ukraine and Poland have planned the transportation of 200,000 tons of cargo by the end of 2017 via a newly-proposed transit corridor that stretches from India to the Black Sea and Europe. The announcement was made by Javid Gurbanov, the head of Azerbaijan Railways, the Baku-based Trend News Agency reported ...

Financial Tribune- Irans transit capacity amounts to 100 million tons per annum, but at present only 10 million tons of freight worth some $7 billion are being transited through the country annually. If only 50 million tons of this transit capacity is utilized, Iran can earn $35 billion in annual revenue$10 billion more than this fiscal years (March ...

TEHRAN (Tasnim) Irans President Hassan Rouhani said the country should be turned into a transit corridor for goods. Speaking at the cabinets weekly session on Wednesday, president Rouhani underlined the need for the country to become "a big corridor" for transiting goods. To that end, he said, customs formalities should be up-to-date and the ...