Iran has the capacity for local production of train cars, Deputy Industry Minister Mojtaba Khosrotaj told Tasnim on Saturday, when asked about the latest status of car imports from Russia.
There are grounds for domestic production of train cars in cooperation with European countries, the official added, saying Iran’s private sector companies have held business negotiations with Siemens in Austria to initiate such a plan.
Many foreign companies have shown enthusiasm for investment in Iran after coming into force of the Joint Comprehensive Plan of Action (JCPOA), a lasting nuclear deal between Tehran and the Group 5+1 (Russia, China, the US, Britain, France and Germany).
In July, Iranian Deputy Minister of Road and Urban Development Ali Nourzad and Ukraine’s Minister of Infrastructure Volodymyr Omelyan signed an MoU in Kiev as part of efforts to promote mutual cooperation in the railroad industry.
Tehran’s Revolutionary Court has sentenced two former ministers from President Raisi’s administration to prison for…
Iran's Permanent Mission to the United Nations in Vienna has emphasized that its constructive cooperation…
President Donald Trump's administration is considering a plan to stop and inspect Iranian oil tankers…
Large majorities in five western European countries think Donald Trump is a threat to peace…
Russian President Vladimir Putin has signed a decree appointing Aleksandr Darchiev as Moscow’s new ambassador…
Palestinian group Hamas on Thursday has stressed that the threats made by US President Donald…