Founding joint ventures could be an important future area of Russian-Hungarian agricultural cooperation

Sunday, February 12, 2017

Photo: Csaba Pelsőczy/Ministry of Agriculture

“Founding joint ventures could be an important future area of Russian-Hungarian agricultural cooperation”, the two countries’ agriculture ministers determined during their negotiations in Moscow on Monday.

Minister of Agriculture Sándor Fazekas and his Russian counterpart Alexander Tkachov met in the Russian capital following the official opening of the Prodexpo-2017 International Food Industry Exhibition.

In a telephone statement to Hungarian news agency MTI following the meeting, Mr. Fazekas said: “In addition to founding joint ventures, the establishment of processing companies and technological exports are also to be given an important role in bilateral agricultural cooperation. Accordingly, areas that could be of importance to Hungarian enterprises include cattle farming, milk processing and meat industry activities, as well as seed cultivation, fruit and vegetable processing and feed production”.

Photo: Csaba Pelsőczy/Ministry of Agriculture

“This is something on which regional relations may also be founded, because there are areas in which there is major interest in cooperation with Hungarian partners”, he stressed. Mr. Fazekas also mentioned that a group of Hungarian businesspeople had accompanied the Hungarian delegation to Moscow, and will be attending a business forum and receiving information on investment opportunities.

Photo: Csaba Pelsőczy/Ministry of Agriculture

“Some 60 countries are participating in this year’s Prodexpo-2017 trade fair, including 12 Hungarian enterprises with some 100 different products on a 200 square metre stand. The Hungarian products on show include wines, spices, desserts and champagnes, meaning goods that are not affected by the embargo”, he highlighted.

Photo: Csaba Pelsőczy/Ministry of Agriculture

The recent problems caused by avian flu were also discussed at the meeting, with regard to which Mr. Fazekas pointed out that the majority of Hungarian poultry products are included in the embargo, so a new import ban would only effect certain product categories, with regard to which further negotiations are required with the Russian authorities.

Photo: Csaba Pelsőczy/Ministry of Agriculture

In his opening speech at the Expo, Mr. Fazekas also stressed that last week’s meeting in Budapest between the Hungarian Prime Minister and the Russian President could give further impetus to agricultural relations between the two countries.

(MTI/Ministry of Agriculture Press Office)

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