From: Monica Stone
Sent: 27 December 2015 11:04
To: Monica Stone
Subject: Re: Germany & Russia Strengthen Ties!!!
On Sat, Dec 26, 2015 at 9:43 AM, Edward Anderson <ea12345678@xxxxxxxxx
<mailto:ea12345678@xxxxxxxxx> > wrote:
Germany to Invest 2Bln Euro in Russian Railways
© Sputnik/ Mihail Mokrushin
<http://sputniknews.com/business/> Business
00:32 26.12.2015(updated 00:40 26.12.2015) Get short URL
<http://sputniknews.com/business/20151226/1032320482/germany-russia-railways-funding.html#comments>
124856383
Germany is seeking economic cooperation with Russia, offering 2 billion euro to
participate in the construction of a Moscow-Kazan high speed-railway, the
Russian Railways reported Friday.
China Railway Group and Russian Railroad have
<http://sputniknews.com/politics/20150627/1023927651.html> kicked off a new
project to design and build a high-speed railway between Moscow and the
southeastern city of Kazan. It is expected that the line would be extended to
Beijing, reducing the duration of a rail journey between Moscow and China's
capital to 48 hours.
"We have a proposal from our German colleagues on signing a similar
(Russia-China) memorandum on cooperation, where they make commitments on
financing of up to €2 billion in the project on various conditions," Vice
President of Russian Railways (RZD) Aleksandr Misharin told journalists.
<http://cdn2.img.sputniknews.com/images/101935/84/1019358483.jpg>
© Sputnik/ Sergey Guneev
<http://sputniknews.com/europe/20151203/1031161282/germany-eu-russia-proposal.html>
'We Could Respond to Russia's Wishes': Germany Urges EU to Start Cooperation
Talks With Moscow
Misharin stated that the project would seek additional financial support next
year, though a contract has not yet been signed.
Earlier, China agreed to invest some $6 billion to fund the proposed railway.
The cost of the 700 kilometer Moscow-Kazan rail line is calculated to be some
$21.4 billion. The train is expected to travel at speeds of up to 400
kilometers per hour.
Under the new line, travelers would take three and half hours to get from
Moscow to Kazan, compared to the current 14 hours.
According to a statement made earlier by Misharin, the railway will take up to
10 years to build and, "in terms of scale and significance," could be compared
to the Suez Canal.
A recent poll conducted by the German-Russian Chamber of Commerce (ANK) has
found that 80 percent of companies that have trade links with Russia believe
that economic sanctions are not having their desired effect.
Read more:
<http://sputniknews.com/business/20151226/1032320482/germany-russia-railways-funding.html#ixzz3vRSz5Wrc>
http://sputniknews.com/business/20151226/1032320482/germany-russia-railways-funding.html#ixzz3vRSz5Wrc
