New rail treaty will save “1520 states” €14 bn

25th June 2018

Oxera today unveiled a study for the Rail Working Group that assesses the direct microeconomic benefits from the Luxembourg Rail Protocol, which will save €13.9 bn for 9 CIS states using the 1520 gauge. The Luxembourg Rail Protocol is a new global treaty that will make it much easier and cheaper to finance railway rolling stock and is expected to enter into force in 2019.

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