Iran and Iraq have agreed to establish a railway to connect the border cities of Shalamcheh in Iran and Basra in Iraq in 20 months, Iranian Roads and Urban Development Minister Abbas Akhoundi stated. A tender will be held next week for carrying out the project, he noted.
Iran exports large volumes of construction materials and food products to Iraq, he said, adding that the railway will hopefully facilitate the bilateral trade.
Akhoundi also said that Iran is planning to construct a bridge over the Arvand border river. Iran and Iraq are working to finalize a comprehensive trade document, which could quintuple their bilateral trade to USD 30 billion per year.
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