France and Germany agree to joint rail routes

23rd May 2005, Comments 0 comments

23 May 2005, STRASBOURG - The head of the French SNCF rail network, Louis Gallois, and his German counterpart from Deutsche Bahn (DB) Hartmut Mehdorn signed an agreement on Monday to establish a joint enterprise to operate two high-speed rail routes between the two countries.

23 May 2005

STRASBOURG - The head of the French SNCF rail network, Louis Gallois, and his German counterpart from Deutsche Bahn (DB) Hartmut Mehdorn signed an agreement on Monday to establish a joint enterprise to operate two high-speed rail routes between the two countries.

The routes, linking Paris and Frankfurt, and Paris and Stuttgart, are to be modelled on two existing high-speed TGV rail lines linking the French capital to Brussels (Thalys) and to London (Eurostar).

Gallois said that the SNCF and the DB were "95 percent agreed" on the manner the routes would be operated and the sharing of the costs and revenues.

The agreement, which was signed in the presence of the two countries' transport ministers, Gilles de Robien and Manfred Stolpe, calls for the lines to be opened in 2007.

About 1.5 million passengers are expected to use the two lines annually, double the current rate, which would produce revenues of some EUR 100 million.

DPA

Subject: German news

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