Serbia and Hungarian railways and customs authorities signed agreements on cooperation to modernise the Belgrade-Budapest railway. After completion of the project, the travel time would be shortened from eight to 2.4 hours and that the great infrastructure project would bring new jobs.
After the signing of the documents, the prime ministers of Serbia, China, Hungary and Macedonia (Aleksandar Vucic, Li Keqiang, Viktor Orban and Nikola Gruevski) told a joint press conference that they were glad about the high-speed railway project now being certain, adding that it would benefit the countries of central and eastern Europe, the EU, and overall cooperation between China and this part of the world.
Prime Minister Aleksandar Vucic said that it was an important day for Serbia, which would contribute not only to the development of industry and railways, but also enable greater connectivity with Hungary, Macedonia, and far faster transportation of passengers and goods.
Chinese Premier Li Keqiang expects that the railway will be completed in two years and that it will prove to be of benefit to both China and the countries of central and eastern Europe and the EU.
Hungarian Prime Minister Viktor Orban said that the railway would prove of great importance to the countries of central and eastern Europe, adding that he was confident that cooperation between China and Europe was progressing.
Macedonian Prime Minister Nikola Gruevski agrees that the railway is an important project for the region, Europe and China.