President of Russia
  • Events
  • Structure
  • Videos and Photos
  • Documents
  • Contacts
  • Search
  • Search this website
President of Russia
Mobile version

President's
website
sections

  • Events
  • Structure
  • Videos and Photos
  • Documents
  • Contacts
  • Search
  • Search
  • For the Media
  • Subscribe
  • Directory
  • Version for People with Disabilities
  • YouTube Channel
  • Русский

President's
website
resources

  • President of RussiaCurrent resource
  • The Constitution of Russia
  • State Insignia
  • Send a Letter
  • Vladimir Putin’s Personal Website

Special
animal welfare
projects

  • Amur tiger
  • Beluga whale
  • Polar bear
  • Snow leopard
  • Far Eastern leopard

Legal
and technical
information

  • About website
  • Using website content
  • Personal data of website users
  • Contact website team

All content on this site is licensed under

Creative Commons Attribution 4.0 International

Presidential Executive Office2023
Events

Press statement following Russian-Hungarian talks

January 14, 2014
17:40
Novo-Ogaryovo, Moscow Region
Press statements following Russian-Hungarian talks. With Prime Minister of Hungary Viktor Orban.
Press statements following Russian-Hungarian talks. With Prime Minister of Hungary Viktor Orban.

See also

Meeting with Prime Minister of Hungary Viktor Orban
January 14, 2014

President of Russia Vladimir Putin: Ladies and gentlemen,

During our talks with Prime Minister of Hungary Viktor Orban, we covered a broad range of issues pertaining to our cooperation. We reviewed our joint efforts aimed at implementing the agreements reached at our meeting in Moscow on January 31 last year, and made plans for the future.

Hungary is Russia’s very important trade and economic partner. In terms of foreign trade, Russia and Hungary rank first among non-EU member states, and overall third after Germany and Austria.

Both countries maintain a good mutual investment rate – about $2 billion of accrued investment by both Russia in the Hungarian economy and by Hungary in the Russian economy.

We discussed with Mr Prime Minister certain problems in our mutual trade that we identified two years ago. We expect to see better figures for 2013, when we have them. 

Our cooperation in nuclear energy is a good example. Today we signed an agreement on the construction of two new power units, while already now the Paks Nuclear Power Plant accounts for 40% of all electricity production in Hungary.

The commissioning of the two new units will undoubtedly enhance Hungary’s energy independence and improve its security.

This is a unique agreement since 40% of all the work will be performed in Hungary. This means that an estimated $3 billion will be spent to maintain jobs in Hungary and the country’s budget will receive over $1 billion in tax.

We also discussed traditional energy sources, exchanged views on joint work under the South Stream project, and discussed our relations in the cultural, humanitarian and spiritual areas, including student exchanges.

I am certain that the agreement we reached today will help further expand cooperation between Russia and Hungary in all these areas.

In conclusion, I would like to thank Mr Prime Minister for the joint work and for the atmosphere that we enjoyed not only during these talks, but also in the course of the work of our experts and government officials.

Thank you.

Persons

  • Orban Viktor

Publication status

Published in section: Transcripts

Publication date: January 14, 2014, 17:40

Direct link: en.kremlin.ru/d/20057

Text version

Text
1
Photo

Share
Direct link
http://en.kremlin.ru/events/president/transcripts/20057
Share
  • VK
  • LiveJournal
  • Send by email
  • Print
Send by email

Official Website of the President of Russia:

Press statement following Russian-Hungarian talks

http://en.kremlin.ru/events/president/transcripts/20057

Last updated at January 14, 2014, 20:05

Официальные сетевые ресурсы

Президента России

Official Internet Resources

of the President of Russia

Русский Английский
  • For the Media
  • Version for People with Disabilities
  • Telegram channel
  • YouTube Channel
  • State Insignia
  • Send a Letter
  • Vladimir Putin’s Personal Website
  • Putin. 20 years

Presidential Executive Office
2023