Hungarian, Russian business forum held in Budapest

Food

An annual Russian-Hungarian business forum organised by the Club of Businesses Association started in the capital yesterday. Association head Sándor Újhelyi said there was strong interest in the meeting, being held for the seventh time, in spite of the sanctions introduced by Russia and the European Union.

Most of the participants see that Hungarian and Russian companies are interested in continuing their cooperation, he added. He said that Russia's temporary ban on EU food imports had hit mainly Hungarian exporters of meat and live animals. He added that Turkey was exporting more milk to Russia since the ban was introduced, which had led to a shortage on its own market, a shortage met by European producers, among them Hungarians.

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