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November 15, 2006

Huge bill awaits Asia for "Iron Silk Road"

Source: Philippine News

BUSAN, South Korea - Eighteen nations have committed themselves to the huge project of integrating Asia into a single railway network -- and now must find a way of footing the bill.

China, Russia and 16 other countries ranging from prosperous South Korea to impoverished Nepal on Friday signed an inter-governmental accord to establish the Trans-Asia Railway (TAR), aiming to promote trade and balanced development.

Full Story...

Posted by pichu at November 15, 2006 7:32 PM