Delegations from Russia and Hungary concluded an afternoon of talks in Parliament on Tuesday with the ceremonious signing of three agreements. The accords were signed in the presence of Prime Minister Ferenc Gyurcsány and Russian President Vladimir Putin. As co-chairs of an intergovernmental committee, Hungary's Economy Minister János Kóka and Russia's IT Minister Leonid Reyman signed a memorandum of understanding on medium-term economic cooperation and an agreement to establish an innovation centre in northeast Hungary as part of a nanotechnology cooperation program. The third accord concerned cooperation in education between 2006 and 2008, and was signed by Education Minister Bálint Magyar and Russian Deputy Minister Vladimir Friedyanov. Seven other accords are ready for signing, but will be handled with less ceremony due to time constraints.