This report was prepared by the ECMT as part of a wider programme of co-operation on regulatory
reform between the OECD and the Government of Russia. It was finalised following a meeting in
January 2004 where senior officials from the Russian Government and the Russian Railways
company discussed the reform of rail regulation in Russia with their peers from ECMT and OECD
countries and with the team of experts that drafted the review. The report examines the fundamental
issues of regulation and their relation with the structure of the sector and the development of
competition in providing rail services. This is the first in-depth review of rail policy in ECMT member
countries in the light of the Resolution on the development of European railways agreed by Ministers
in 2002.