Foreign minister Peter Szijjarto – Photo: Facebook

Szijjarto: Hungary-Russia cooperation based on ‘long, fruitful traditions’

Economic cooperation between Hungary and Russia is long-standing and successful, Peter Szijjarto, the minister of foreign affairs and trade, said on Facebook on Thursday.

Many Hungarian companies and their products have attracted strong demand in Russia.

“We have now consulted with leaders of Hungarian companies active in Russia, because developing Hungarian-Russian economic ties further in areas not affected by sanctions is high on our foreign economic agenda,” the minister said.

Last year Hungary’s exports to Russia continued to exceed one billion dollars, Szijjarto said, adding that “the presence of the largest Hungarian companies such as Mol, OTP and Richter in Russia could make other Hungarian companies feel secure there”.

Those companies operating in pharmaceuticals, food processing, water management, health, construction, and farming have expressed a desire to stay active on that market, the minister said, adding that the government would “provide the necessary support for this”.


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