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Hungarian-Slovak trade to hit 9-bln-euro mark this year: president

Xinhua, December 5, 2016 Adjust font size:

The overall value of trade between Hungary and neighboring Slovakia will reach nine billion euros (9.65 billion dollars) this year, Hungarian President Janos Ader told a news conference here on Monday.

With particular advances in transport and energy, Slovakia is Hungary's third most important trading partner, Ader said after meeting with his Slovak counterpart, Andrej Kiska.

The two countries have set up an interconnector gas line that can transport gas in either direction, should either country need an additional supply, he said.

Plans for two new trans-border power lines would also increase the security of the electricity supply for both countries, the Hungarian president said.

Meanwhile, the Slovak president underlined that bilateral relations had never been better, thanks to mutual efforts. When there had been differences of opinion, they had been resolved through consultations between officials. Endit