Rail Baltica will help with East-West trade: Commissioner

Despite being a North-South transport project, the proposed modern rail link between the Baltic states, dubbed Rail Baltica, could also stimulate East-West trade, European Commissioner for Transport and Mobility, Violeta Bulc said in Riga Thursday. 

Speaking at the end of a two-day meeting of European and Asian transport ministers taking place under the auspices of Latvia's Presidency of the European Union, Bulc said:

"This corridor Rail Baltica is one of the nine European core corridors and it's one of the highest priorities because the Baltic states have not been very well connected with the single European transport area and this is going to be an important move."

"It's going to be an important link to beyond European borders," Bulc said, adding that she hoped to make a decision on Rail Baltica in July and that the European Commission could contribute up to 85% of the costs of the project.

Latvian Transport Minister Matiss said that though Rail Baltica had not been specifically discussed in the main meetings, he had taken it up with his Baltic colleagues.

"We see the potential for cargo flows between south and north... we will have new links connecting central Europe to northern Europe and those links and the new Rail Baltic link will be interconnected in Latvia, in Estonia and in Lithuania so we have those cargo flows connected."

"Rail Baltica I consider to be an important project for new cargo flows and also very important from a geopolitical point of view."

At the end of the meeting, Matiss spoke to LSM and gave an overview of how it all went.

Transport Minister Anrijs Matiss
00:00 / 04:54


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