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Russian Railways to ban Siemens from initiating litigation

... German ‘registration’, and the return of property to the territory of another state in the event of its withdrawal from the Russian Railways will become unfeasible. The reason for the withdrawal of Siemens Corporation from the Russian market is tough ... ... new equipment to Russia and Belarus on February 24, announced in March its intention to continue servicing high-speed trains (Sapsan, Lastochka). However, on May 12, it began the process of withdrawing its property assets from the country. Experts note ...

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