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Hungarian, Serb, Bulgarian chambers to convene here

The Chambers of Commerce and Industry of Serbia, Hungary and Bulgaria on Wednesday made a multilateral commitment to greater cooperation on economic development and energy security.

At a Natural Gas Europe and IPM conference in Vienna, the three bodies issued a mutual statement in which they agreed to work together to convene a forum to coordinate energy policies to increase prosperity for the region. The proposed forum will be open to their respective members, governments and neighbours in the Central, Eastern and Southern European region. The Chambers have decided to name the forum the Danube Energy Initiative and a final agreement would be achieved in Budapest in September.