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A Russo-German statement on railway transport partnership was signed in Berlin today
Signatory to the document were Gennady Fadeyev, Russian Railways joint-stock company President, and Hartmut Medorn, Deutsche Bundesbahn joint-stock company President. The Parties intend to establish a joint venture for freight transportation from East Asia to Western Europe and back via China and Russia. The venture will probe market opportunities and provide necessary services-freight quality management, en route cargo monitoring, customs clearing, and depots. The Parties intend to establish a joint-stock company for passenger transport. It will start a luxury Berlin-St. Petersburg tourist route via Kaliningrad, Riga, Tallinn and Vilnius. The trains, of the Talgo type, will need cutting-edge automated equipment for gauge modification en route. The arrangement is expected to start next year.
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