Hungarian farm minister conducts talks with Russian colleague in Moscow – UPDATE

Budapest, February 6 (MTI) – Hungarian farm minister Sándor Fazekas had talks with his Russian counterpart Aleksandr Tkachev in Moscow on Monday after the opening of the Prodexpo-2017 international exhibition for food, beverages, and food raw materials.

Establishing joint ventures and food processing companies, and technology export could be key areas of Hungarian-Russian agricultural cooperation in future, Fazekas told MTI by phone. He said cattle breeding, dairy and meat processing, seed production, fruit and vegetable processing and feed production could hold important opportunities for Hungarian companies.

Twelve Hungarian companies are showing about 100 products at the Prodexpo-2017 exhibition, including wines, spices, sweets and sparkling wines — products not affected by the Russian embargo on EU food products, the minister said.

UPDATE

“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.

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”.