Friday, April 30, 2021 - 00:00
FINLAND and Estonia have signed a memorandum of understanding (MoU) on cooperation in the transport sector and the exchange of information to promote large-scale transport projects, including the Helsinki – Tallinn undersea tunnel, Rail Baltica, the Trans-European Transport Network (TEN-T), and North Sea – Baltic Sea core network corridor. The MoU provides an improved environment for applying EU funding for the projects.
The agreement, which will be in force until 2030, was signed on April 26 by Finland’s minister of transport and communications, Mr Timo Harakka, and Estonia’s minister of economic affairs and infrastructure, Mr Taavi Aas. The states are not bound by the MoU to any individual projects.