HSR agreement with Singapore terminated, Malaysia to pay compensation

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The Singapore government has confirmed that the Kuala Lumpur-Singapore High Speed Rail (HSR) bilateral agreement with Malaysia has been terminated.Singapore's Transport Ministry said Malaysia had wanted to make changes to the rail line and this was discussed between the governments of the two countries that ultimately led to the decision to terminate.Singapore Prime Minister Lee Hsien Loong and Malaysia Prime Minister Muhyiddin Yassin met via video conference on Dec 2, 2020, to review the status of the HSR project, including changes proposed by Malaysia."Malaysia has since allowed the HSR bilateral agreement to be terminated, and has to compensate Singapore for costs already incurred by Singapore in fulfilling its obligations under the HSR bilateral agreement, in accordance with the parties' agreement," said the Singapore Transport Ministry in a statement. The…