The workgroup met for the third time. Minister of Foreign Affairs and Trade Péter Szijjártó said Hungary and China could sign an intergovernmental agreement as well as a financing agreement on the project by October 31, clearing the way for the upgrade to start before the end of this year. China will send its financing offer by August 15, he added. Szijjártó put the cost of renovating the 166km of the rail line in Hungary at HUF 472 bln.
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