Márton Nagy, National Economy Minister, met with Georgian Vice Prime Minister and Minister of Economy and Sustainable Development Levan Davitashvili, in Tbilisi on Tuesday.
Minister Nagy expressed his congratulations on the victory of the ruling party in the Georgian parliamentary elections. During the meeting, the ministers reviewed the global economic trends and bilateral economic relations.
The sides agreed that cooperation between Hungary and Georgia has steadily developed in recent years, including in the energy, pharmaceutical and food industry sectors.
Minister Nagy noted that Georgia is Hungary's 74th largest trade partner, bilateral trade volume has increased by 12 percent so far this year and the government wants to further increase the trade in goods.
The strengthening of economic cooperation with Georgia is an opportunity not only for Hungary but also for the EU as a whole. Therefore, Hungary continues to support Georgia's EU integration efforts. Hungary strives for cooperation with everyone based on mutual respect, further strengthening the role of our country as a bridge where Western and Eastern capital and technology are connected, he added.