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Putin says ways to turn Russia-Hungary trade relations back to growth worth consideration

According to the Russian president, in the first seven months of 2023 the trade turnover between the two countries declined by 35%

BEIJING, October 17. /TASS/. Moscow and Budapest should consider the ways of reaching further growth of trade turnover between the two countries, Russian President Vladimir Putin said at a meeting with Hungarian Prime Minister Viktor Orban.

"Last year trade and economic cooperation demonstrated considerable growth, by more than 80%. Unfortunately, this year, in the first seven months, we observed a decline by 35%. This does not offset last year’s [growth] by more than 80%," he said, adding that "there are still grounds to consider what should be done additionally for influencing this process in a positive way."

In turn, the Hungarian prime minister said that the country was interested in maintaining cooperation with Russia, including in the economic area.

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Foreign policy Vladimir Putin Trade & Cooperation

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