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HUNGARY, RUSSIA GEAR UP FOR SUMMIT

Hungary and Russia will sign several key economic, social security and sports-related agreements when Russian President Vladimir Putin visits Budapest on Oct. 30, Foreign Minister Péter Szijjártó said in Moscow.
 

After talks with Gazprom chief executive Alexei Miller, Russian Industry and Trade Minister Denis Manturov, Energy Minister Alexander Novak and Sports Minister Pavel Kolobkov, Szijjártó told MTI that the two countries had identified several joint projects that Russian and Hungarian companies would be able to carry out together in third markets. Among these he noted a contract worth over 1 billion euros signed by a Hungarian-Russian consortium on the delivery of 1,300 railway carriages to Egypt. On another subject, Szijjártó said Hungary had reached an agreement with Gazprom that will see the Russian state-owned gas giant start to transport gas necessary for guaranteeing domestic supplies for next winter starting in April. “We’re currently in talks about increasing the supply to three billion cubic metres,” he said. Concerning the expansion of Hungary’s sole nuclear power plant in the city of Paks, Szijjártó said the recent approval of the project’s technical plan constituted a milestone in cooperation between Hungary and Russia’s Rosatom, the general contractor for the project.