The Hungarian-Russian trade increased by one-third last year

Trade between Hungary and Russia is expanding vigorously and the role of innovation increases in the economic relations of the two countries – said Leonid Surigin, leader of the Trade Representation of the Russian Federation on Thursday, at the Hungarian-Russian Economic Forum and Businessman Meeting in Budapest.

The Hungarian-Russian trade last year grew by more than thirty percent, compared to the 8.5 billion USD of 2009. The relations are increasingly covering the field of innovation, from nanotechnology to solar cell production, a development started in many of the sectors – said Surigin, at the press conference of the two day event – reports vallalkozoinegyed.hu.