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Russian region of Yugra promotes business ties

Int’l Relations

The government of Hungary is working to strengthen its business cooperation with the Russian region of Yugra, the Russian press said today. Hungarian Council General Sándor Molnár met today with Natalia Komarova, the governor of Yugra, in the city of Yekaterinburg, where the two discussed economic cooperation, the reports said.

The two sides agreed on strengthening cooperation in the tourism and agro-industrial sectors, as well as organizing a visit by Russian regional entrepreneurs to Hungaryin 2015, with the goal of developing innovative technologies.

The Yugra governor also invited Hungarian partners to participate in international projects and economic forums that will take place in the region.

Molnár reaffirmed Hungary's interest in strengthening business ties with Russia, despite the deteriorating relations between Russia and the EU.  “We hope that Russian sanctions won’t affect the cooperation between two countries”, the council was quoted as saying by Russian media.

Hungary and Yurga had already established cooperation in the sphere of science and education in previous years. Foreign trade turnover between Yugra and Hungary is said to amount to $24 bln.

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