Tehran and Moscow are finalizing the draft of a contract for the implementation of agreement to construct the Rasht-Astara Railway.

Iranian Deputy Foreign Minister for Economic Diplomacy Mehdi Safari discussed ways to resolve the existing obstacles to the construction of the Rasht-Astara railway with Russian officials.

EghtesadOnline: Russia is reportedly poised to finance a railway line connecting Iran with its northern neighbor Azerbaijan.

EghtesadOnline: Russia and Iran in May could sign an agreement on completing the construction of the Rasht-Astara rail section in Iran, Russian Deputy Prime Minister Alexander Novak told reporters on the sidelines of the Caucasus Region Investment Exhibition.