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Japan may waive maglev train technology license fees in deal with U.S.

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The government is considering providing Japanese magnetically levitated train system technology to the United States without license fees, a government source said Sunday.

Tokyo is considering the possibility in order to realize a maglev high-speed train service linking Washington and Baltimore, Maryland, the source said.

Japan has also unofficially offered loans worth about ¥500 billion to help bring about the service, which is expected to require about ¥1 trillion in investments.



Source: http://www.japantimes.co.jp/news/201.../#.U0uYLFWSyPs

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