As part of the series of bilateral consultations that began in August, on 8 October 2010 Minister of National Development Tamás Fellegi, who is also Government Commissioner responsible for Hungarian-Russian economic relations and co-chairman of the Hungarian-Russian Intergovernmental Economic Cooperation Committee (IECC), had talks in Budapest with the Russian co-chairman of the IECC, First Deputy Prime Minister Viktor Zubkov. Viktor Zubkov was also officially received by Prime Minister Viktor Orbán.

The discussions, at which the parties reviewed all current Hungarian-Russian economic cooperation issues, were part of the process which aims to effectively prepare the next, the sixth meeting of the IECC.
At the talks the parties devoted particular attention to cooperation in the field of energy and matters related to MALÉV Hungarian Airlines. On these issues they agreed that negotiations involving experts will be held in the near future.

During the talks it was agreed, among other matters, that Prime Minister Viktor Orbán would make a working visit to Russia still this year, and that Russia would host the IECC meeting to review 2010 and to define the joint tasks for 2011. The meeting is likely to take place early next year.

 At the 8 October discussion the parties stated that there was no problem causing tension between them and that a mutually satisfactory compromise solution regarding all the items on the agenda was possible and close to being reached.

Attachment: Background material on the Hungarian-Russian Intergovernmental Economic Cooperation Committee

 Ministry of National Development
Communications Department
Budapest, 9 October 2010