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Romania, Hungary sign protocol of 6th edition of economic cooperation joint commission

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Promoting the financing from EU funds of the Budapest-Bucharest high-speed railway and concluding negotiations on the Agreement between the Government of Romania and the Government of Hungary on road links across the Romanian-Hungarian state border were among the common points of interest included in the Protocol signed on Tuesday in Budapest, on occasion of the 6th edition of the Romanian-Hungarian Joint Commission on economic cooperation.

According to press release the Ministry of Economy sent ton Wednesday, Economy Minister Constantin Nita led the Romanian delegation to the plenary session of the 6th edition of the Romanian-Hungarian Joint Commission on economic cooperation in Budapest on Tuesday. Peter Ssijjarto, secretary of state for the relation with Parliament in the Ministry of Foreign Affairs and Foreign Trade, was his Hungarian counterpart.

At the end of the works, the two parties signed the Protocol of the 6th edition of the Romanian-Hungarian Joint Commission on Economic Cooperation, which reviewed the stage of bilateral cooperation in various fields and the development prospects of the economic relations between the two countries.

'I consider that the works of the 6th session of the Romanian-Hungarian Intergovernmental Joint Commission ... represented a good opportunity to boost our bilateral economic cooperation, both at institutional level and between the business milieus of our countries,' Constantin Nita said at the end of the signing ceremony of the Protocol.

According to the source, the Protocol makes reference to the Framework Agreement for cooperation through specific financial services, particularly in the sector of SMEs, agreed by Eximbank Romania and Eximbank of Hungary; promoting the financing from European funds of the Budapest - Bucharest high-speed railway, as part of the TEN-T central network, under Romanian-Hungarian partnership; concluding the negotiation of the Agreement between the Government of Romania and the Government of Hungary on the road links across the state border with Hungary and suggesting the signing of an agreement on regional cooperation on energy.

 

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