This event is being organized to discuss the Luxembourg Rail Protocol to the Cape Town Convention on International Interests in Mobile Equipment, and how the Protocol will play a key role in attracting private capital. The purpose of attracting capital is to create a sustainable model for supporting existing and new rail projects. In turn, it is hoped that this would facilitate banks and other funders who are providing finance for rolling stock procurement through secured credit and leasing equipment (that is, rolling stock) to operators without the need for State guarantees.
Could the Luxembourg Protocol enhance Belt and Road competitiveness?