EghtesadOnline: The state monopoly Russian Railways considers its project on the electrification of the railroad in Iran completely civilian and not subject to US sanctions, the company’s CEO Oleg Belozerov said in an interview with Sputnik before the St. Petersburg International Economic Forum.

EghtesadOnline: Iran has proposed conducting a project with Russian Railways to electrify a 3,000-kilometer railroad that might cost up to €3 billion ($3.7 billion), the company’s First Deputy CEO Alexander Misharin said on Monday.