By 2007, Russian railroads are to increase their cargo turnover by 32 percent and their passenger turnover by 15.5 percent against 2001, Russian Railroad Minister Gennady Fadeyev reported at today's meeting of the board of the Ministry devoted to the results of the railroad's activities in 2003. Additionally, according to him, train speed is to advance by 20 percent by 2007. As the Minister pointed out, these results are to be reached after railroads are reformed.
As for short-term plans, Fadeyev reported that in 2003, cargo turnover would climb 3.5 percent against 2002; passenger turnover would advance by 0.7 percent "instead of the deepest decline in 2002". According to the senior official, over 100 operating companies are to work at Russian railroads in 2003. "All legal and economic grounds for this have been created," he said. As for the 2003 investment program, the Minister pointed out that this year, the top priorities would be buying and streamlining rolling stock and providing safety for transportation. "The selection of investment projects will be extremely severe and pragmatic," the Minister stressed.
The discovery of the submarine has unveiled a few "inconsistencies." For example, how can one explain the fact that the sub was found where it needed to be searched for from the start?
When on a state visit to Singapore, Russian President Vladimir Putin promised to revisit the discussion of the 1956 Declaration between the USSR and Japan regarding the issue of the peace treaty with Japan
The TurkStream, which runs along the bottom of the Black Sea from Russia's Anapa to Turkey, will consist of two lines, each with a capacity of 15.75 billion cubic meters of gas a year