Bank Of Baku

Russian Railways: EU sanctions against Iran will not affect the construction of Rasht-Astara railway line

Russian Railways: EU sanctions against Iran will not affect the construction of Rasht-Astara railway line
# 24 January 2012 08:57 (UTC +04:00)
”We do not buy oil from Iran, and it is not my responsibility - to discuss, correct or incorrect use of sanctions. To do this, there is the political level. With regard to development cooperation, I have always adhered to and hold this view that sanctions can not solve political problems”, said Yakunin.

Remind that, on January 23, EU’s 27 foreign ministers approved new sanctions against Iran in Brussels.

The construction of Rasht (Iran) - Astara (Azerbaijan) railway line is implemented by jointly with Azerbaijan Railways OJSC, Iranian railways and Russian Railways. It is of great importance for the development of North-South international transport corridor. Its trade market is estimated at 25-26 million tons by 2015.
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