Austrian Transport Minister Peter Hanke and Slovak Transport Minister Jozef Ráž signed the agreement in Vienna following bilateral talks on infrastructure development.
The United States is understood to be moving to underwrite maritime risk in the Strait of Hormuz. The move is aimed at restoring confidence in Gulf energy trades amid the Iran conflict.
What was expected now seems to be confirmed, as Romania’s newly founded state-owned rail freight operator Carpatica Feroviar is supposed to take over assets from…