Turkey and Iran Launch $1.5 Billion Railway Project to Boost Regional Trade

Turkey and Iran have announced a strategic agreement to develop a new railway line that will connect the two countries, with an estimated cost exceeding $1.5 billion. The initiative is designed to enhance joint investments and expand regional trade.

This project is expected to have a significant economic impact and is part of a broader vision to connect transport networks between China and Europe, making it an integral component of international initiatives aimed at facilitating the movement of goods and increasing regional cooperation.

Experts believe that this railway line will provide both nations with the opportunity to strengthen their position as a key trade corridor, while also opening new avenues for investment in transportation and logistics. Additionally, it is anticipated to support the political and economic relations between Ankara and Tehran.