The strategic partnership between Moldova and Hungary refers first of all to the development of bilateral cooptation between the two states and the European integration of Moldova, Prime Minister Ion Chicu stated in a news conference held jointly with his Hungarian counterpart Victor Orban, who is in Chisinau on a visit, IPN reports.

Hungary ranks 13th among Moldova’s foreign partners with a great potential of extending the cooperation. The list of about 50 companies with Hungarian capital operating in Moldova is topped by OTP Bank and Gedeon Richter, with weight in the financial-banking and pharmaceutical sectors. The official Chisinau is also interested in Hungary’s experience in such areas as agriculture, processing, animal-breeding and others.

The given subjects were included in the agenda of a Moldovan-Hungarian business forum that is designed to establish cooperation relations in areas of interest. Premier Chicu spoke about a fiscal regime that will favor investments that will come from Hungary, while his counterpart expressed his country’s readiness to provide a loan of €100 million for encouraging Hungarian business entities to massively invest in Moldova.

Victor Orban assured that Moldova’s European integration aspirations will be firmly supported, noting that it is not easy to promote the national interests within the EU.