OREANDA-NEWS. January 24, 2013. A Memorandum of Cooperation between JSC "Kaztemirtrans" and JSC "Federal Freight company" was signed in Astana during the visit of leadership of Russian "Federal Freight company" in the Republic of Kazakhstan.
The document was signed by President "Kaztemirtrans" Kanat Almagambetov and CEO of JSC "Federal Freight company" Vitaly Evdokimenko.
 
According to the Memorandum, the parties reached an agreement on the effective use of freight rolling stock in Russia and Kazakhstan, mutual consultation on information exchange during the operation of freight cars, co-operation for the current repair in the two countries and other issues.
 
As Director of "FFC" V. Evdokimenko pointed out at the signing ceremony of the memorandum, "Russian operators are now active in the market of Kazakhstan including FFC rolling stock which has about 170 thousand cars, but growing competition requires the development of more effective contributing to the joint long-term projects."
 
According to the parties, the signing of the Memorandum prints parties to a higher level of close cooperation and will help to preserve the unity and technological competitiveness of rail transport between the two countries. It will stimulate more intensive cooperation in the framework of the Common Economic Space.
 
In the framework of the official visit of General Director of "FFC" V. Evdokimenko met with the President of JSC "NC" KTZ "A. Mamin, took part in the opening ceremony of a representative of FFC in Kazakhstan.