Exclusive: Biden and Kishida likely to discuss Texas bullet train project [View all]
Source: Reuters
April 9, 2024 2:51 AM EDT
TOKYO/WASHINGTON, April 9 (Reuters) - President Joe Biden is seeking to revive interest in a plan to build the first high-speed rail in the U. S. using Japanese bullet trains, with sources saying he is likely to discuss the project with Japan's prime minister in Washington this week.
The leaders may publicly voice support for the multi-billion-dollar Texas project after Wednesday's talks, which have been partly overshadowed by U.S. opposition to another Japanese investment, Nippon Steel's planned purchase of U.S. Steel. Prime Minister Fumio Kishida's state visit to Washington, the first by a Japanese leader in nine years, aims to showcase closer security and economic ties between the allies.
The project linking Dallas and Houston will be on the agenda for the talks, said three sources familiar with summit preparations, who sought anonymity as they were not allowed to speak to the media. It is likely to be mentioned in joint statements following the talks, two of the sources said.
However, a senior Biden administration official said the project did not appear to have matured to the point where the leaders would announce progress publicly. All the sources cautioned that the details of the final agreements could change before the visit. Japan's foreign ministry declined to comment, saying the governments were still coordinating joint statements from the talks. The White House declined to comment.
Read more: https://www.reuters.com/business/autos-transportation/biden-kishida-likely-discuss-texas-bullet-train-project-sources-say-2024-04-09/
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