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Russia and Serbia sign transport agreement for 230 mln euro

In particular, the agreement also implies construction of a train control center in Serbia

BELGRADE, January 17. /TASS/. Russia and Serbia signed on Thursday a transport agreement for 230 mln euro, which includes electrotechnical works on the Stara-Pazova - Novi-Sad section, which is scheduled to be completed by the end of 2021. The agreement also implies construction of a train control center in the republic.

According to the national television, Director General of Russian Railways International Sergey Pavlov and Director General of the Infrastructure of Serbian Railways Miroljub Jevtic signed the document.

"This is a logical conclusion of the joint work of Russian Railways and the Serbian colleagues. This is a logical continuation of our successful cooperation, which will be appreciated by our friends, colleagues, residents of Serbia, as well as freight companies," Pavlov said. In turn, Evtich noted that this day is great for the Serbian railways and expressed hope for fruitful cooperation.

Since 2014, Russian Railways International has been carrying out large-scale work on the modernization and construction of railway infrastructure in Serbia. In March 2018, a memorandum was signed between the Russian Railways and the Serbian Government on the development of strategic partnership relations and joint implementation of infrastructure railway projects in Serbia.