Media July 2014

Green light in rail talks

UK imports of Japanese trains are increasing.

UK imports of Japanese trains are increasing.

Three firms of the Japan Railway group have agreed to open their equipment procurement markets for firms in the European Union (EU), The Japan News reported on 23 June.

The new development came during Japan–EU talks on an economic partnership agreement and is likely to lead to significant progress in negotiations on railway equipment.

As part of the move, details of the tender selection process, annual business schedules and other relevant information will be available in English to enable foreign firms to participate in bidding.

In the other direction, Japanese manufacturers have been exporting more train-related products to Europe. One such firm, Hitachi Ltd. won contracts in which it sold 866 train cars for use in Britain.