Putin and Orban agreed to expand cooperation

Путин и Орбан договорились расширять сотрудничество

Alexander Zemlianichenko/Pool via REUTERS

Vladimir Putin and Viktor Orban met in the Kremlin. This is the second meeting of the Russian and Hungarian leaders over the past two months.

The main item on the agenda of the talks and economic relations. According to Putin, last year the trade turnover between the two countries increased by 25%, and for the first half of 2018 – already 30%. And this in spite of the sanctions policy of the EU.

Vladimir Putin: “Hungary certainly one of our key partners in Europe. Relations are developing in practically all areas. Active work of the intergovernmental Commission. Develop regional and inter-regional relations. Showed positive dynamics of trade-economic turnover”.

Viktor Orban: “I am very pleased that over many years our relations are stable and balanced. Not to say that external conditions were favorable for cooperation. But difficulties exist to be overcome. And we can do this.”

The Prime Minister proposed to expand bilateral cooperation in Finance and energy.

Following the talks, the sides agreed to complete the construction of two power units of nuclear power plant “Paks-2”, to extend the contract on gas supplies to 2020 and has positively evaluated the possibility of extending the gas pipeline “Turkish stream” to Hungary.

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