OREANDA-NEWS. August 20, 2012. Ukraine is interested to cooperate with Korea in respect to the creation in Ukraine of high-speed railway traffic. This was started by Prime Minister of Ukraine Mykola Azarov during a meeting with the Commissioner of the President of the Republic of Korea Lee Jae-oh.

The Prime Minister stressed that Ukraine and Korea have experience of working towards the introduction of high-speed railway traffic: within preparation for the European Football Championship in 2012 were purchased Hyundai high-speed trains.

At the same time Mykola Azarov underlined that our state is capable to produce high-quality high-speed trains. Thus, for the last time considerable financial resources were invested in the reconstruction Kryukov railway car building works JSC which is one of the largest domestic manufacturers of vehicles, especially railway rolling stock.

The Prime Minister informed the members of the Korean delegation that Kryukov railway car building works has developed an interregional high-speed dual-system electric train, which is testing now. High-speed train can run by domestic and European’s standard railways.

"High-speed train designed by Kryukov railway car building works, constructed within the parameters of our power lines, our railways, climatic conditions, etc. That's why we bet on a trains of domestic production" - the Prime Minister said.

Mykola Azarov noted that the development of Ukrainian-Korean cooperation in that matter should include both the experience of Korea and the experience of Ukraine. "We are interested in developing cooperation, including the introduction of high-speed railway traffic. But it must be joint projects. Let's address this issue in the way. It is very important" - the PM said.

He added that the introduction in Ukraine of high-speed railway communication give citizens an alternative to air travel: citizens will be able to get by train from one site to another for in just an hour or two. "Each regional center of Ukraine has airports. For example, the distance from Poltava to Kyiv is 350 km. If high-speed train runs this distance in an hour, we will save on air communication. For us, this idea is a very promising", - Mykola Azarov said.

In turn, Mr. Lee Jae-oh said that Korea is ready to cooperate. In particular, it offers a co-production of high-speed trains in Ukraine, the construction of high-speed railways and inter-regional, inter-state communication, Korea is also interested in participating in the construction of LNG terminal and “electronic government” in Ukraine, etc.