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India, Iran signs railway MoU

Tuesday, 15 Apr 2008
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On 13 April 2008, India and Iran have inked a memorandum of understanding for cooperation in the field of railways and to start work on the India-Iran-Russia railway line.

The MoU will deal with issues such as technical training of the personnel, railroad signaling projects, supplying locomotives and spare parts, as well as setting up a joint working group. It will also promote a joint effort to increase cooperation with the International Union of Railways (UIC) and start work on the India-Iran-Russia railway line.

Furthermore, the deal will incorporate investment plans for a new track, which will connect the free trade zone of Chabahar in Southeast Iran and the city of Fahrej situated in central parts of the country and Iran called for Indian partnership and cooperation in the project.

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