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Russia, Germany ink raft of bilateral collaboration deals

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TOMSK, April 27 (RIA Novosti) - Russia and Germany have signed a number of agreements in the banking, transportation and information sectors following bilateral consultations in the West Siberian oil city of Tomsk.

Russian Railways and German railway operator Deutsche Bahn agreed to set up a joint logistics venture for freight transit from Asia to Germany and Western Europe and back along the Trans-Siberian Railroad.

State-run Vnesheconombank and Deutsche Bank signed a bilateral cooperation agreement and a deal on interaction in state-private projects. The two countries' transportation ministries also adopted a statement on further cooperation in the sector.

Vnesheconombank, Roseximbank, which supports government export operations, the Russian Bank for Development, and German government-owned KfW Group signed an agreement on collaboration in consulting services and technical cooperation to implement the Russian government's plans to establish a financial institution to boost Russia's development.

The Tomsk talks were held to coincide with a high-profile visit to the city by German Chancellor Angel Merkel for talks with President Vladimir Putin on bilateral cooperation, particularly in the energy sector, and the Iranian nuclear crisis.

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