Just as the pragmatic Hungarian-Russian cooperation helped Hungary defeat the third wave of the new coronavirus epidemic, it will also contribute to the restart of the Hungarian economy, Minister of Foreign Affairs and Trade Péter Szijjártó stated on Tuesday at the INNOPROM industrial exhibition in Yekaterinburg.

"We, Hungarians, did not give the usual response to the economic aspect of the pandemic, and as a result, we were the first to reopen.
Our goal now is for the Hungarian economy to restart the fastest among the countries of the European Union," said the head of the ministry in his speech at the Russian-Hungarian economic forum held in the framework of INNOPROM. He pointed out that there are no issues in the political relationship between the two countries that would hinder inter-company cooperation and encouraged the participants to take advantage of this.

He said that the trade turnover between the two countries increased by 51 percent in the first four months of the year and that Eximbank opened a credit line of 615 million dollars to finance bilateral cooperation between companies.
According to his report, Wizzair will soon launch a flight to Yekaterinburg and establish a base in St. Petersburg.
Modern hydrofoils of the Valdaj type will be used in Hungary to restart passenger navigation on the Danube, and Hungarian refrigeration equipment will be purchased for 30 million euros to modernize the St. Petersburg power plant. Hungarofood's 20 million euro meat plant will start production in Kolomna in November, and Pólus will modernize the heat supply network of the cities of Sverdlovsk County for 46 million euros. 3DHISTECH has extended the contract with the oncology center of Sverdlovsk County for the supply of diagnostic equipment, he announced. He announced that the establishment of a Hungarian-Russian state railway transport joint venture is under preparation, and that the busiest transport routes from China to Europe will pass through Hungary.
The transshipment and logistics center in Záhony will play an extremely important role in this. He explained: negotiations are underway on the details of the strategic cooperation regarding the national vaccine factory in Debrecen, which will be operational at the end of next year, where vaccines will also be produced under the license of Szputnyik V.
He said that Szputnyik is already used in almost 70 countries and the demand will continue to increase in the future. On Tuesday morning, Péter Szijjártó presented Russian Industry and Trade Minister Gyenyisz Manturov with the Center Cross of the Hungarian Order of Merit with a star in recognition of his outstanding role in the Hungarian vaccination campaign against Covid-19.

Péter Szijjártó signed an economic cooperation agreement with Natalja Komarova, governor of the Khanty-Manysi Autonomous District, and met Yevgeny Kuyvasev, governor of Sverdlovsk County. The minister took part in the ceremonial handover of the stands of the Hungarian companies - Phoenix Control Kft., Veres Kft., NCT Hungary Kft., Simicron Kft., Stigron Kft.

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