Moldova and Hungary discussed prospects of investment cooperation

The Republic of Moldova is a safe place for investment, Chisinau seeks to attract as much capital as possible in the long run, which will lead to business development and the creation of jobs.

This is the Prime Minister of Moldova Dorin Republic, at a meeting with his Hungarian colleague Viktor Orban in Budapest, Moldavian State Media reports.

During the meeting, the possibilities of attracting new investments in the Republic of Moldova, strengthening cooperation in priority areas and conducting reforms that ensure the welfare of citizens.

were discussed.

The head of the Hungarian government announced the resumption of the Chisinau-Budapest flight until the end of March this year.

In turn, the Republic noted that Moldova intends to strengthen cooperation with Hungary and expand this cooperation on new areas, including economic.

Prime Minister Moldova recalled that contrary to international processes, over the past two years, trade between the two countries has exceeded 200 million euros.

“There is a good potential for development in the field of information technology, electronics, energy, agriculture, pharmaceuticals and finance,” said Prime Minister Rechan.

Interlocutors also discussed large regional infrastructure and energy projects that open up important prospects for economic development for the two countries, including the initiative of the three seas and the Greece-Bolgaria-Romania-Hungary gas transport corridor.

Dorin Republic confirmed that the purpose of Chisinau is European integration.

The government continues to count on the support of the chairmanship of Hungary in the European Council, which will begin on July 1, he said.

“I am glad to find out that Hungary supports our efforts to build Europe at home,” said Richan.

The head of the Moldavian Cabinet of Ministers also met with representatives of a number of Hungarian companies, with whom he discussed the investment capabilities of Moldova and reforms carried out in the financial and legal spheres, the processes of digitalization, debit and modernization of infrastructure.

Republic invited Hungary businessmen to invest in the Moldovan economy, noting that more than 40 leading Hungarian companies are successfully working in the country.