Hungarian, Russian ministers discuss boosting economic cooperation

Int’l Relations

The Hungarian-Russian intergovernmental economic cooperation committee held a meeting on Wednesday co-chaired by Minister of Foreign Affairs and Trade Péter Szijjártó and Veronika Skvortsova Russian Minister of Health, Hungarian news agency MTI reported.

Minister of Foreign Affairs and Trade Péter Szijjártó and Veronika Skvortsova Russian minister of health meet yesterday. (Photo: MTI/Noémi Bruzák)

Szijjártó said the meeting was aimed at increasing cooperation in every area not effected by European Union sanctions and to encourage the opportunity to rebuild pragmatic cooperation between the EU and Russia. 

On Tuesday it was decided to extend EU sanctions against Russia, but the Hungarian government is of the opinion that the decision was reached in an undemocratic way and that the issue should have been discussed at the highest level by member states, according to Szijjártó. 

Szijjártó said the topics of energy policy, Hungarian companies investing in Russia and joint Hungarian-Russian cooperation on foreign markets were discussed at the committeeʼs meeting. 

Veronika Skvortsova said difficult situations cannot prevent the advancement of Hungarian-Russian cooperation and noted the importance of agricultural and pharmaceutical investments. 

Following the meeting Szijjártó signed a cooperation agreement with Nikolay Kosov the chairman of the International Investment Bank and also signed a memorandum of understanding to establish a healthcare center in Novosibirsk.

ADVERTISEMENT

Voluntary Pension Fund Contributions Climb 20% in Q1-Q3 Figures

Voluntary Pension Fund Contributions Climb 20% in Q1-Q3

MPs Approve Tax Changes Parliament

MPs Approve Tax Changes

Higher Sugar Prices Raising Holiday Candy Costs Retail

Higher Sugar Prices Raising Holiday Candy Costs

Hungarian Tourism in Croatia Returning to Pre-pandemic Level... Tourism

Hungarian Tourism in Croatia Returning to Pre-pandemic Level...

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.