New China-iran freight train ser­vice opens

Iran Daily - - Domestic Economy -

A train loaded with more than 560 tons of ma­chin­ery, house­hold goods and ce­ram­ics left Yinchuan South Rail­way Sta­tion ear­lier this month, sched­uled to reach Tehran in fif­teen days, the As­set re­ported.

The new trade route comes with the lift­ing of sanc­tions as part of the nu­clear deal, breath­ing new life into Iran’s econ­omy, Asia Times re­ported.

Ma­jor trade and in­vest­ment deals have been signed since the agree­ment, and de­spite the Trump administration’s threats to back­track on the deal, China, Rus­sia and France are un­likely to take steps to fur­ther iso­late Iran.

Deals in­clude a con­tract signed be­tween Iran and China Na­tional Pe­tro­leum Corp. and France’s To­tal to de­velop South Pars which is the world’s largest nat­u­ral gas field.

Newspapers in English

Newspapers from Iran

© PressReader. All rights reserved.