On January 6, 2020, China Railway International Co., Ltd., CRRC Co., Ltd., the Ministry of Construction, Transportation and Infrastructure of Serbia, and Serbia Railway Rolling Stock Company held a signing ceremony to jointly sign the "Memorandum of Understanding on Rail Vehicle Cooperation." Serbia Minister of Construction, Transportation and Infrastructure Momilovic and Ambassador Chen Bo attended the ceremony.

The memorandum will lay the foundation for Serbia to purchase locomotives with a speed of 200 kilometers per hour to meet the future passenger demand of the Belgrade-Novi Sad-Subotica section of the Hungary-Serbia Railway.

Momilovic pointed out that the memorandum is the continuation of the 2009 China-Serbia Economic and Technical Cooperation Agreement in the Field of Infrastructure. Its signing marks the continuation of in-depth cooperation with China. It fully embodies the steel friendship between the two countries, thanking China for everything it has done for Serbia.

Ambassador Chen Bo emphasized that China and Serbia have made great efforts for the continuous and steady progress of the Hungary-Serbia railway project. The construction site in the last two months shows that the project has made great progress. The signing of the memorandum has opened up new space for cooperation between the two countries in the field of transportation. China has the most advanced technology in the production of high-speed rail locomotives. Chinese companies are willing to share high technology with Serbia partners and contribute to Serbia’s economic development.

The cooperation agreed in the memorandum will be based on the principles of commercial relations, comply with relevant technical specifications, and apply domestic and EU standards and regulations.

The cooperation content in the memorandum will fully comply with relevant technical specifications and apply domestic and EU technical standards and regulations. The memorandum also envisages exploring the possibility of cooperation in establishing R&D technology centers, training centers, maintenance centers, and railway vehicle production centers based on the needs and market potential of the cooperation projects, which is of great significance to the development of the railway transportation and the entire railway supporting industry. . Editor/Xu Shengpeng