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One of my oligarch firends in Moscow tried for a while to work on the Pacific Ocean - Europe rail link via the Transsiberian. It would make a hell of a lot of economic sense, and some of the Asian trading houses (especially the big Japanese traders) would be willing to invest in it significantly as it would save them a number of days in transit and a lot pf money, but the Russians railways are even more corrupt than the oil sector (so said my oligarch from the oil sector friend) and it was impossible to get any guarantees in terms of reliability and safety - the main conditions for such a line to be put in place.

I personally expect the Artic trading route (the one made possible by global warming) to be in place before any land version happens - meaning that the land versions will NEVER happen.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Sat Mar 18th, 2006 at 07:06:00 PM EST
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