Alliances & Technology Transfer
Ever since Japan's first high-speed rail link opened in 1964 between Tokyo and Osaka, the idea of using the shinkansen bullet trains for freight transport has been around.
But obtaining land to set up a cargo terminal or creating a carriage specifically for packages required additional cost, and the plans never took off.
WASHINGTON – The United States and Japan have signed an agreement to jointly encourage more private investment in energy and infrastructure projects, the U.S. Treasury said Tuesday.
The Treasury said the world’s largest and third-largest economies “will work together to address regulatory, market, and legal barriers to private sector investment, and develop innovative solutions to deepen regional debt markets for energy and infrastructure projects.”