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The supplementary agreement builds upon the January 2019 contract to modernise Serbia's rail infrastructure, with hopes that construction could begin as early as 2022.
RZD International LLC's study focused on the feasibility of increasing passenger trains’ speed on the section of India's railway and halving travel time.
In the presence of the Russian Prime Minister, Dmitry Medvedev and the Prime Minister of Mongolia, Ukhnagiyn Hurelsukha, an agreement between RZD International LLC and JSC Ulaanbaatar Railway (JSC UBTZ) was signed.
