Iran settles railway dues with Russia, Turkmenistan: RAI head

TEHRAN – The head of the Islamic Republic of Iran Railways (known as RAI) has said the company has settled all its dues to Russia and Turkmenistan, the portal of Iran’s Transport Ministry reported.

“International railway debts that remained unpaid for over 10 years have been paid to Russia and Turkmenistan,” Miad Salehi said at the meeting of the administrative council of the country’s northwest railways on Sunday.

According to Salehi, some domestic companies have not paid their debts to RAI for more than seven years and in order for RAI to be able to prosper, such debt should be…