Iran and Britain have signed a Memorandum of Understanding (MOU) in the field of rail transportation.
The cooperation agreement was sealed during the visit to London of Mohsen Pourseyyed Aghaei, the President of Islamic Republic of Iran Railways (RAI).
The MoU, which seeks to develop Iran’s railway system through the exchange of knowledge and technology, was signed at the presence of RAI CEO and his British counterpart and emphasizes bilateral cooperation in the fields of process management, rail transportation systems as well as technical and technological management of railways.
During his meetings with two executives of Britain’s Department for Transport (DfT) in London, Pourseyyed Aghaei referring to the steps taken for promotion of rail transport and movement of passengers and cargo in the country offering the English side unparalleled investment opportunities in the sector.
The British side also pointed to the attractions of Iran for trade and economic cooperation voicing willingness to develop relations with the country in the area of rail transportation.
The MoU was signed as a follow up to the visit of Britain’s Deputy Minister of State at the Department for Transport Robert Goodwill earlier this year.
During Goodwill’s visit to Tehran, further cooperation between Iran and the UK especially in the field of rail transport and high-speed trains as well as in airports and aviation infrastructure was emphasized.
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