Tatarstan Chamber of Commerce and Industry and Hungarian National Trading House sign agreement on cooperation

On December 17, within the framework of Hungarian-Tatarstan business forum in Budapest, Tatarstan President Rustam Minnikhanov took part in signing of agreement on cooperation between Tatarstan Chamber of Commerce and Industry and Hungarian National Trading House.

At the forum, all speakers noted that there is a keen interest shown in development and strengthening of Russia-Hungary and Tatarstan-Hungary relations and Hungarian leadership intends to pay much attention to cooperation with Russian regions.

One of Hungarian representatives said that Tatarstan has always been in the highlight in Hungary, including the 90s. Today the republic attracts investors as a rapidly developing region of Russia, with favourable investment climate and conditions for doing business.

It was also noted that a Consulate-General of Hungary will open in Kazan that is supposed to increase interest of Hungarian businessmen in developing business in the region and strengthen the established contacts.

Welcoming participants of the forum, Rustam Minnikhanov thanked everyone for interest in the republic. “We express our gratitude to Hungarian leadership and Hungarian National Trading House for holding Hungarian-Tatarstan business forum. We appreciate the opportunity of developing cooperation between Tatarstan and Hungary,” he said.

“We are looking forward to opening Consulate-General of Hungary in Kazan, it will be a good impetus for business community,” Minnikhanov continued. He also noted that the republic has gained wide experience in cooperation with Hungarian colleagues in such spheres as agriculture and construction of infrastructure objects.

Tatarstan President noted that the republic is interested in increasing sales volumes and expanding cooperation. The prospective areas of cooperation are mechanical engineering, production of automotive components, and agriculture.