Estonia plans for the prime ministers of the Baltic states to sign the deal on the European-gauge railway Rail Baltica project, however, Lithuania's Prime Minister Saulius Skvernelis is not sure about the signing.
Rail Baltica
© E.Digrytės nuotr.

He said the new government should scrutinize all aspects of the project before signing the agreements. In Skvernelis' words, the deal will not be signed, if the analysis is not complete by his visit to Tallinn in the end of the month.

"We do not yet have any information about any signing. We have not yet finalized our position (…), it has not been clearly stated when it comes to the signing. If we do not have enough time to analyze it and harmonize it, there will be no signing. This is the aim and the objective but we, as the new government, have to review all the circumstances surrounding Rail Baltica. T his includes finan cing, acquisitions and finally cargo flows, we need to ensure benefits of the project and financing of the project after 2020. I cannot confirm today that this will be the main item on the agenda," Skvernelis told journalists on Monday.

In his words, Lithuania's key position on Rail Baltica remain unchanged, however, the country needs more details to sign thorough agreements.

The Estonian government intends to sign the deal during the meeting of Lithuanian, Latvian and Estonian prime ministers in Tallinn on Jan. 31. The document should stipulate commitment of all three countries to the project, the Estonian government said in a draft resolution.

The agreement will outline general technical parameters and the Rail Baltica route, as well as project implementation time-frames, conditions of construction, contractor and the role of the joint enterprise RB Rail, as well as financing of the construction.

Baiba Rubesa, board chairperson of RB Rail, said last November that the countries should sign the agreements that stipulate the course of the railway. In her words, the document is needed to make the project irreversible and give grounds for negotiations with the European Commission about support after 2020.

The project is estimated at about 5 billion euros. The EU may finance up to 85 percent of the value of the projects implemented at a certain period in the 2014-2020 period. In the 2015-2016 period alone, EU provided about 311 million euros, including 106 million euros directly to the state-run railway company Lietuvos Geležinkeliai (Lithuanian Railways) and another 205 million euros via RB Rail.

Leave a comment
or for anonymous commenting click here
By posting, you agree to terms
Read comments Read comments

Lithuania should use InvestEU opportunities, Katainen says

As the European Commission proposes cutting cohesion support to Lithuania by almost a quarter as of...

Lithuanians have better opinion about EU than other countries – EP survey

Lithuanians have a favorable opinion about the European Union and the country's EU membership. But...

Lithuanian president, EU leaders to discuss stalling Brexit in Brussels

Lithuanian President Dalia Grybauskaitė is on Wednesday leaving for Brussels to meet with other EU...

Brussels preparing for talks with Russia on Baltic power systems

The European Commission is getting ready to start consultations with Russia over the switching of...

MEP Antanas Guoga: Before regulating any new technology first, we need to educate about it

Today, 03th of October, European Parliament voted in favour of the motion for a resolution on...