EghtesadOnline: In early March, the Swiss Embassy in Tehran gladly announced a deal worth billions for the Swiss company Stadler Rail to deliver some 1,000 underground train carriages to Iran.

EghtesadOnline: The Swiss firm, Stadler Rail , has rejected reports that it signed off on a major infrastructure contract with Iran’s Industrial Development & Renovation Organization for 960 wagons for a subway system, Swiss Broadcasting Corporation’s news and information platform Swissinfo reported on Friday.