Russia, China agree on localization of high-speed train production

The deal was reached while Putin's two-day visit to Beijing.

Russia and China have agreed to localize the production of high-speed rail cars and railway equipment in Russia.

The relevant framework agreement was signed during Russian President Vladimir Putin's official visit to China on Saturday, an Interfax correspondent reported on Saturday.

In addition, Russian Railways and China Railway agreed on the "comprehensive strategic cooperation" and signed a relevant agreement.

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