03.03.2017

It's time to invest in Tatarstan!

For many years, Tatarstan cooperates with Hungarian partners. These relations are based in historical background. In particular, emerging of close, kinship ties of Hungarian and Tatar ancestors started the middle of the first millennium A.D. and in times of Great Bulgaria. Furthermore, experts are of the opinion that it were ancestors of Hungarians who founded Tetyushskoye settlement in VI-VII century.

The contacts are continuing at the current stage. After the collapse of the Soviet Union it was Hungary who became an example for Tatarstan of the way of developing the market economy and agricultural sector. In 1993, the President of Hungary Arpad Goncz was the first among the heads of foreign states to visit the Republic of Tatarstan. One of the first intergovernmental agreements on trade and economic cooperation of Tatarstan was also signed with Hungary.

Today Tatarstan and Hungary once again revitalized relationships. This is evident from the recent visit of the Prime Minister of Hungary Viktor Orban, Minister of Foreign Affairs and Trade Peter Szijjarto and Minister of Rural Development Sandor Fazekas in Kazan. Russian-Hungarian Intergovernmental Committee and representative delegation of Hungarian business community were hosted in Tatarstan. In 2015, Consulate General of Hungary was established in Kazan.

"The development of trade relations with Hungary would help Tatarstan to strengthen it's positions in European Union markets", - the Head of Tatarstan Investment Development Agency Taliya Minullina noted.

On March 2, Hungary's Minister of National Development Miklós Seszták paid a working visit to the Republic of Tatarstan. In the framework of his visit to Kazan, Miklós Seszták met the President of the Republic of Tatarstan Rustam Minnikhanov. During the meeting further steps for strengthening of trade-economic and humanitarian bonds between Tatarstan and Hungary were discussed.

The construction of wholesale and distributing center "Agromir - Kazan" would help to solve a range of critical tasks. First of all, the project would help to create new civilized market for agricultural products of European type.

Then the meeting with the management of the logistic center of agricultural products "Agromir - Kazan" was held.

 One stop presentation center was shown to the guests where the Head of the Agency Taliya Minullina told in brief about the main courses of action of Tatarstan Investment Development Agency and recent level of trade-economic relations between Tatarstan and Hungary . In addition, during the video presentation the investment potential of the republic was demonstrated.

Also, on March 2, Hungary's Minister of National Development Miklós Seszták accompanied by the Prime Minister of Tatarstan Ildar Khalikov visited Tatarstan Investment Development Agency.

Today, "Agromir - Kazan" company jointly with Tatarstan Investment Development Agency is conducting negotiations on attracting strategic partners to the project, including financing, administration, supply and distribution of agricultural products on the wholesale and distributing center site and on the territory of Russian Federation.

The Russian market was always traditional for agricultural products supplies from Hungary. Cooperation in implementation of this project would help Hungarian manufacturers to expand supplies in Russia and, in particular, in Tatarstan.

Then the parties discussed possible forms of interaction of Tatarstan and Hungary in the framework of "Agromir - Kazan" project.

"We are interested in expanding the volume of trade and implementation of joint projects with your country. It is important for us that Hungarian companies choose our republic as a launching platform for working in Russia", - Taliya Minullina pointed out.

Concerning the future of Tatarstan-Hungarian cooperation, Miklós Seszták stated that Hungary is interested in "Agromir - Kazan" project and is ready to participate in it.

"This can be participation in financing, assistance and consulting within the framework of the project or supplying the product from the Hungarian manufacturers", - the Minister said.

© 2015 Cabinet of Ministers of the Republic of Tatarstan. In case of full or partial use of materials the reference is obligatory.