Foreign minister Peter Szijjarto – Photo: Facebook

Szijjarto: Cooperation with Germany crucial for Hungary’s energy security

Cooperation with Germany is crucial for Hungary's future energy security, with several German companies playing an important role in the upgrade of the Paks nuclear power plant, Peter Szijjarto, Hungary's minister of foreign affairs and trade, said in Berlin on Monday.

The significance of bilateral economic cooperation has become even more clear over the past few years when the global economy turned upside down twice, he said.

“This cooperation has helped both economies survive the post-pandemic situation and shows a great deal of resilience amidst the difficulties caused by the war,” he said.

Szijjarto said the Paks plant, the capacity of which would be more than doubled, would have a crucial role to play in the security of Hungary’s energy supply in the long term.

The minister said that the block control unit of the facility will be supplied by a German-French consortium, involving Siemens.

Szijjarto noted that the latest sanctions package of the European Union would not apply to nuclear projects so the companies in question can participate in the Paks project.

Concerning the Hungarian-German talks in Berlin today, he said that priority should be given to restoring peace in Ukraine as soon as possible because the war is waged in Hungary’s neighbourhood, and the consequences are very serious, whether it is the economy, energy supply or the wave of refugees.

“The war should be stopped and peace restored as soon as possible. Otherwise things may take a very bad turn and this is a scenario that neither of us want,” he said.

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