Iran agrees to get loan from Azerbaijan for construction of Rasht-Astara railway

Iran agrees to get loan from Azerbaijan for construction of Rasht-Astara railway
  • Clock-gray 15:30
  • calendar-gray 15 January 2018

Iran’s Cabinet of Ministers has confirmed necessary consent to get a loan of $500 million from Azerbaijan for construction of Rasht-Astara railway.  

 

Period for reception of loan and implementation of project is three years, for repayment of loan is 7 years.

 

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