RIGA - The auditors-general of Latvia, Lithuania and Estonia have signed an agreement of cooperation to examine significant aspects and issues of the Rail Baltica railway project's implementation and financing, LETA was told at the Latvian State Audit Office.
The top audit offices of the three Baltic states will cooperate to examine the issues pertaining to the project's implementation, financing and transnational cooperation.
After the audit of the project's situation, the governments, parliaments and the general public of the three Baltic states will be informed about high-level risks to the transnational project's implementation. The provisional deadline for the completion of the audit is mid-2024, the State Audit Office said.
As reported, the Rail Baltica project provides for construction of a European standard gauge railway line from Tallinn to the Lithuanian-Polish border to connect the Baltic states with other European countries by rail. A new 870-kilometre European-gauge (1435 millimeter) railway line with a maximum train speed of 240 kilometers per hour will be built in the Baltic states.
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