Lithuanian Parliament ratified the agreement to implement the Rail Baltica Project. Rokas Masiulis, Lithuanian Minister of Transport said that “Ratification of this international agreement on the implementation of the Rail Baltica in the Lithuanian Parliament communicates an essential message, i.e. the state of Lithuania will implement this project aimed at connecting with the European Union through an effective railway line. With this unambiguous position Lithuania together with Latvia and Estonia lay a solid foundation that he project will receive exceptional attention throughout the European Union and get a significant European Union financial support in the financial perspective after 2020.”
The link from the Lithuanian-Polish border to Kaunas has been built in January 2017. The next stage of the project – a link to the border with Latvia was accepted and is expected to be completed by the end of 2018.
Lithuania has secured EUR248.1m for further development. This year the EC approved EUR94.9m pending approval of the agreement. Estonia and Latvia ratified the agreement in June 2017.
“The three Baltic states have confirmed their long term commitment,” said Baiba Bubesa, CEO and the Baltic Rail AS. “This is a milestone to demonstrate the Baltic interest in the project implementation.”
On October Baltic Media reported that Estonia is supportive of contributing EUR1,7m to cover operating costs linked with the Rail Baltica Project. The payment is to be made to OU Rail Baltic Estonia, the Estonian arm of the joint-venture. Part of the quota, totaling EUR650,000, will be paid to RB Rail AS, the central coordinating company that oversees the project. Latvia and Lithuania will be making similar contributions.
The project aims to link three Baltic states and Poland with an electrified line running between Helsinki, Tallin, Pärnu, Riga, Kaunas, Vilnius and Warsaw.