Prime Minister Viktor Orbán paid a working visit to Moscow to hold talks with Russian President Vladimir Putin on Tuesday.
The
two parties expressed their appreciation for the advancement of
bilateral relations in areas including the economy and
inter-parliamentary cooperation, adding that a number of documents
prepared for signature will contribute to the further development of
Hungarian-Russian relations.
Viktor
Orbán confirmed that Russia is Hungary's most important partner outside
the European Union and noted that as a result of earlier agreements,
Hungarian-Russian trade has developed at an unprecedented rate.
Today,
a cooperation agreement was concluded between the two countries on the
peaceful use of nuclear power. The document was signed by Minister for
National Development Zsuzsa Németh and Sergey Kiriyenko, President of
the Russian State Nuclear Energy Corporation Rosatom.
According
to the agreement, Russia will be involved in maintaining the current
capacity of the Paks Nuclear Power Plant by providing a loan to Hungary
for the construction of two new blocks to replace the plant's outdated
ones.
The agreement, as stated earlier by Government Spokesperson András Giró-Szász, will now go before the National Assembly.
Meanwhile
in Budapest, Minister of State heading the Prime Minister's Office
János Lázár said that the Russian loan for the EUR 10-12 billion
investment would be provided for a 30-year term, and the first new block
would be put into commission in 2023. He also stressed that the power
plant will remain Hungarian property.
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