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High-speed railway line project to boost transfer of foreign technologies to Russia

June 19, 2015, 21:47 UTC+3 St PETERSBURG
Earlier on Friday, President Vladimir Putin told the cabinet of ministers to draft detailed proposals on the patterns of foreign technology transfers to Russia
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© Valery Sharifulin/TASS

ST PETERSBURG, June 19. /TASS/. Project of a high-speed railway line between Moscow and Kazan will boost the transfer of foreign technologies to Russia, Vladimir Yakunin, the president of the Russian Railways state-owned company (RZD) told TASS on Friday.

"The RZD has long been espousing the policy of technology transfers and localization of production, and that is why we can only step up these efforts with account of the current circumstances," he said.

"All of this will be linked to the projects we’re launching and to the bullet trains, in the first place," Yakunin said. "I think this will be the backbone element of our cooperation in the transfer and localization of technologies in the coming years."

Earlier on Friday, President Vladimir Putin told the cabinet of ministers to draft detailed proposals on the patterns of foreign technology transfers to Russia.

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