Investment spotlight on Moldova: Recean courts Hungarian capital in Budapest
Moldova's economic ambitions took centre stage during Prime Minister Dorin Recean's recent visit to Budapest, where he met with Hungarian counterpart Viktor Orban and President Katalin Novak.
The leaders aimed to solidify existing trade relations while fostering exciting new investment opportunities.
Trade Flourishes, Potential Untapped:
Despite lingering global tensions, Recean acknowledged that Moldovan-Hungarian trade had already exceeded 200 million euros, a commendable feat. Looking ahead, both leaders envisioned significant expansion across diverse sectors like IT, electronics, energy, agriculture, pharmaceuticals, and finance.
"There's immense potential for development," Recean declared. "We're particularly eager to collaborate on IT, electronics, and green energy initiatives."
Boosting Economic Ties through Connectivity:
Recean further underscored the importance of re-establishing direct flights between Chisinau and Budapest by March, viewing it as a vital catalyst for deeper economic connections. This move, he asserted, will "fuel the growth of our economic relations and bring our business communities closer."
Moldova: Open for Business:
Beyond the formal meetings, Recean's agenda included discussions with Hungarian business representatives, showcasing Moldova's potential as an attractive investment destination. His aim was to highlight the favourable investment climate and entice Hungarian companies to tap into Moldova's burgeoning market.
Translation by Iurie Tataru
