Iran after the lifting of sanctions offers to renegotiate contracts with Russia on projects of thermal power plants and railway

TEHRAN, March 14. /Corr. Alexander Levchenko/. Iran proposes to revise the price of contracts with Russia for the construction of a thermal power plant in Bandar Abbas and the electrification of the railway in the area Garmsar – Inch – Boruna with regard to the lifting of sanctions. This was stated by the co-Chairman intergovernmental Russian-Iranian Commission on trade and economic cooperation and Minister of information and communication technology of Iran Mahmoud Vaezi met with Commission co-chair from the Russian side, Minister of energy of Russia Alexander Novak.

“The proposed contracts the price was reasonable prior to the lifting of sanctions, and today it must be brought into line with global prices,” Vaezi said.