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Malaysia, Singapore move a step closer to high-speed rail link

Singapore Prime Minister Lee Hsien Loong, left, and his Malaysian counterpart Najib Razak are all smiles after a signing ceremony Tuesday in Malaysia of a memorandum of understanding to build a high speed rail line linking the two countries, slated for completion in 2026.

PUTRAJAYA, Malaysia -- Singapore and Malaysia signed a broad framework on Tuesday to build a 400km high-speed rail line linking both countries' capitals. The project highlights their warmer relationship and raises expectations for positive economic impacts.

In the "firmest commitment yet to this iconic project," both countries signed a memorandum of understanding that spells out technical issues, customs, security, regulatory framework and project management for the rail line, which has been under discussion for the last three years.

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