Life+News The Official News Portal of Independent Television Network Ltd

UK to pay Eurotunnel 33 million pounds to settle “secretive” deals case

ITN News Editor
By ITN News Editor March 2, 2019 16:13

UK to pay Eurotunnel 33 million pounds to settle “secretive” deals case

The government of the United Kingdom confirmed that it would pay about 43.58 million U.S. dollars to settle a case. In response, Eurotunnel, which operates railway services between the UK and France, said it would withdraw its file against the UK government on its “secretive” deals with three ferry companies at the end of 2018.

The UK government and Eurotunnel agreed that the latter would use the money to improve infrastructure on the UK side of the British-French tunnel, add more quarantine and customs examinations to brace for cross-border transportations after Brexit. And according to the deal, the tunnel will be the main passage for cross-border bulk goods transport after Britain officially leaves the European Union.

ITN News Editor
By ITN News Editor March 2, 2019 16:13
Write a comment

No Comments

No Comments Yet!

Let me tell You a sad story ! There are no comments yet, but You can be first one to comment this article.

Write a comment
View comments

Write a comment

<

BUSINESS NEWS- VIEW ALL

SPORTS NEWS- VIEW ALL

ENTERTAINMENT- VIEW ALL