The Export-Import Bank of China (EXIM) signs a $1.5 billion deal to finance the electrification of a high-speed rail line between the Iranian cities of Tehran and Mashhad.
A senior official in Islamic Republic of Iran Railways has announced that Iran plans to develop rail freight corridors.
A ceremonial first train ran on the Turkish section of the Baku – Tbilisi – Kars railway corridor on July 19, carrying Minister of Transport, Maritime & Communication Ahmet Arslan as well as Georgia’s Minister of Economy and the CEOs of the national railways of Georgia, Azerbaijan and Kazakhstan.
