OREANDA-NEWS. October 26, 2007. The Memorandum of Understanding was signed in Moscow by the Senior Vice-President of Russian Railways Boris Lapidus, the Vice-President and Executive Director of Mitsui and Co. Ltd Tosikhiro Soedzimoy, and the Managing Director of Russian Troika Vladimir Chisnakov.

According to the memorandum, the Japanese corporation Mitsui will provide Russian Troika freight for container transportation and also seek and attract clients in Japan and the countries of the Asia-Pacific region.

Russian Troika will cooperate with Mitsui on organising container transportation on specific routes with the assistance of Russian Railways.

Answering questions from journalists, Boris Lapidus noted the advantages of the freight transportation by container by rail, pointing out that overland delivery from Japan to Russia by the Trans-Siberian Main Line took 18 days compared to 45 days by sea.