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Iran May Award Russian Rails New $250 Million Contract, RIA Says

Iran may award OAO Russian Railways, the country’s rail monopoly a new contract worth about $250 million after the state-run company completed a link between Tebriz and Azarshahr, RIA Novosti reported, citing the head of the Russian Railways unit doing the work.

To contact the reporter on this story: Brad Cook in Moscow at bcook7@bloomberg.net

To contact the editor responsible for this story: Brad Cook at bcook7@bloomberg.net

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