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Iohannis: We're open to support Hungarian investments in Romania, as we encourage Romanian companies to further invest in Hungary

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klaus iohannis, katalin novak

President Klaus Iohannis declared, on Wednesday, in Budapest, that we are open to supporting Hungarian investments throughout the territory of our country and Romanian companies will be encouraged to continue investing in Hungary.

"Today we also discussed the opportunities to develop our economic and sectoral cooperation, to develop the infrastructure and ensure energy security. We emphasized that, in the Romanian side's view, economic cooperation must be structured through projects of common interest, non-discriminatory, based on criteria of ethnicity, which should not be limited only to certain parts of Romania and which must be financed in compliance with Romanian European legislation, as well as with the agreement of the Romanian side. We are open to supporting Hungarian investments throughout the territory of our country and we will encourage Romanian companies to continue investing in Hungary," Iohannis said, in a joint press conference held together with his Hungarian counterpart, Novak, Agerpres reports.

At the same time, during the talks between the two presidents, the regional, European and global situation, deeply affected by the war started by Russia against Ukraine, was addressed.

In this context, Iohannis reaffirmed that Romania's consistent support for Ukraine will continue as long as it is needed.

"Regarding the security situation at the Black Sea, I reiterated that the quick reaction of NATO and its allies to the recent incidents with drones, which affected the territory of Romania as well, by strengthening monitoring and surveillance capabilities, was exemplary and we continue the steps for deploying allied support equipment. We also discussed Sweden's accession to NATO, which is necessary for the consolidation of the Alliance," the Romanian president also declared.

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