Iran, South Korea to sign deal on rail buses

Young journalists club

News ID: 14550
Iran » Iran
Publish Date: 15:56 - 23 October 2017
TEHRAN, October 23 - Head of the Islamic Republic of Iran Railways Saeed Mohammadzadeh said that the country is going to sign a € 700 million deal with South Korea on buying rail buses.

Iran, South Korea to sign deal on rail busesTEHRAN, Young Journalists Club (YJC) - The two sides have discussed purchasing South Korea’s rail bus and the agreement would be finalized in coming months, he said.

The Iranian official continued that a consortium including Iranian and South Korean companies would be formed to deliver part of the rail buses to Iran under a four-year program.

He also said that Iran and Germany have finalized a deal on providing Iran with 300 locomotives.

 

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