Capacity Regulation deployment could be delayed by three years

 The EU Council’s new draft of the Capacity Management Regulation of the Greening Freight Package is causing adverse reactions, especially among the European rail freight sector. For example, the new version delays the Regulation’s implementation by three years. Moreover, the roles infrastructure managers (IMs) in the Regulation have been changed by the Council. Some of…

China to pour at least $2.3 billion for line to Kyrgyzstan-Uzbekistan

The financing agreement details of the China-Kyrgyzstan-Uzbekistan (CKU) line have been revealed. The project is expected to cost 4.7 billion US dollars in total. According to Kyrgyz railway officials, China is expected to fund 51 per cent of the project’s costs with a loan of 2.3 billion US dollars. Kyrgyzstan and Uzbekistan will need to…