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The Luxembourg Rail Protocol and the Single European Railway Area (SERA)

The RWG has just issued a new paper on how the Luxembourg Rail Protocol will make a vital contribution to the development of the SERA. The paper highlights four specific areas where the Protocol will make a contribution, namely cheaper financing, underwriting operating leasing, introducing a common legal system securing lenders, lessors and operators moving rolling stock around the SERA and the various advantages arising through the unique vehicle identification system which will be provided by the international registry. Read more