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Iran, Turkey agree to build key trade rail link

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Iran has been seeking to expand trade with neighbouring countries as part of efforts to revitalise an economy strained by decades of international sanctions.

TEHRAN: Iran and Turkey have agreed to begin constructing a new joint rail link to serve as a strategic gateway between Asia and Europe, Iranian foreign minister Abbas Araghchi said Sunday.

The planned route, known in Iran as the Marand–Cheshmeh Soraya railway transit line and running towards Turkey’s Aralik border region, will cover around 200km.

It will cost roughly US$1.6 billion and is expected to take three to four years to complete, Iranian authorities have said.

Tags:Abbas AraghchiFarzaneh SadeghHakan FidanIranrail linkrailwaySilk RoadtradeTurkey


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