ALLRAIL, the Alliance of Passenger Rail New Entrants’ Post

ALLRAIL welcomes the entry into force of the Luxembourg Railway Protocol, an outcome of our collective effort in the framework of the Rail Working Group. The Luxembourg Rail Protocol to the Cape Town Convention on Mobile Equipment is an important tool for railway operators around the world to overcome a significant challenge: financing/acquiring rolling-stock. Indeed, the Protocol's objective is to facilitate more and cheaper finance from the private sector. It aims to do so by creating a new worldwide legal framework to recognise and regulate security interests of rolling-stock lenders, lessors and vendors. More details on the Luxembourg Rail Protocol can be found here: https://lnkd.in/eVqxhAUV. #rail #train #transport #luxembourg #rollingstock #unitednations #unece #modalshift #eu #europeanunion #europe #greendeal #travel Howard Rosen CBE

View organization page for Rail Working Group, graphic

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✅ This is it! The Luxembourg Railway Protocol officially enters into force today! "We are on our way" the message from our Chairman Howard Rosen CBE

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