Baltic PMs sign agreement on Rail Baltica joint venture

Rail Baltica

Lithuanian Prime Minister Algirdas Butkevičius, Latvian Prime Minister Laimdota Straujuma and Estonian Prime Minister Taavi Roivas signed in Tallinn on Saturday a join agreement on the Rail Baltica project and agreed on faster creation of a joint venture.

“It was agreed to immediately take necessary measures on the national level for the shareholders’ agreement to be endorsed and signed and the Rail Baltic venture to be established as soon as possible. The political declaration also includes a provision that Vilnius is part of the Rail Baltica2 project and European funding will be sought for it,” the Lithuanian prime minister was quoted as saying in a statement of the Government of Lithuania.

The document also stresses the importance of building a new 1,435-millimeter gauge railway section Tallinn–Parnu–Riga–Panevežys–Kaunas as well as to the Lithuanian-Polish border with the highest possible speed of 240 km/h.

Support for the inclusion of the Vilnius-Kaunas section into the project was also voiced in the document.

The Baltic prime ministers also agreed to continue activities, including the preparation of applications and their submission to get funding for the project under the new instrument for trans-European infrastructure networks.

Source: BNS
Please log in or comment anonymously
You are logged in or comment anonymously
Commenting anonymously or login
Post
Add Your Comment
Latest news