OREANDA-NEWS. On October 27, 2008 Russian Railways has signed a cooperation agreement with the Spanish railway company Renfe Operadora, reported the press-centre of Russian Railways.

The parties have agreed to develop technical cooperation in various areas, such as sharing experience in operating high-speed lines and the selection, production, operation and maintenance of high-speed rolling stock.

The two companies are also interested in issues concerning the operation of passenger and freight rail services, logistics, systems and management programmes for operating railways, the industrial aspects of production, the maintenance and upgrading of rolling stock and traffic safety.

A joint committee will be established to coordinate joint activities and hold meetings to discuss the results of the two companies’ collaboration. The committee will hold its annual meetings alternately in Russia and Spain.

The agreement is for six years.