AFP, SEOUL, Nov 06, 2006, Page 11
Asian transport ministers meeting in South Korea this week will take a major step towards making a decades-old dream a reality -- integrating the entire continent into a single rail network.
Transport ministers and officials from 43 countries will gather in the port city of Busan starting today for this year's ministerial conference on transport organized by the UN Economic and Social Commission for Asia and the Pacific (UNESCAP).
The highlight of the six-day conference will be Friday's signing of the Intergovernmental Agreement on the Trans-Asian Railway (TAR) -- more poetically known as the "Iron Silk Road."
The 81,000km network, first mooted by the UN in 1960, would link capitals, ports and industrial hubs across 28 Asian countries all the way to Europe.
`COMMITMENT'
By signing, Asian states will "demonstrate their commitment to working together" on the mammoth project, said Barry Cable, director of UNESCAP's Transport and Tourism Division.
"We expect this will trigger new development in the railway sector both in terms of increasing capacity and in terms of increasing connectivity," he said.
Cable said such an international commitment would make it easier for countries to attract finance for railways from international banks.
"The agreement lays a framework for coordinated development of internationally important rail routes," UNESCAP chief Kim Hak-su said in a statement.
