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Szijjártó discusses Budapest-Belgrade railway with Serbian rail director

Int’l Relations

Foreign Trade State Secretary Péter Szijjártó and Serbian Railways Director General Dragoljub Simonovic held talks in Budapest on Friday regarding renovation of the Budapest-Belgrade railway line, Szijjártó's press secretary, Judit Fülöp, said on Friday.

Szijjártó said that a working group had been formed to make preparations for the investment, noting that a Chinese delegate will join the group later. The heads of government of China, Hungary and Serbia signed an agreement to upgrade the Budapest-Belgrade railway line with Chinese support during a CEE-China summit last month.

Szijjártó estimated at the time that the upgrading would cost $2.9 billion to $3 billion, and said that the Chinese PM expressed China's willingness to cooperate in financing the project.

The state secretary said on Friday that renovation of the railway line promotes achievement of the objective of transforming Hungary into the primary transit country in the export of goods from the East to Western Europe.

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