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The Visegrád Four prime ministers in budapest | Tamás Kovács/MTI

Visegrád Four summit in Budapest

D&T
October 14, 2013

Prime ministers of the four countries allied in the Visegrád Four meeting in Budapest this Monday established that nuclear energy is of vital importance for the European economy. They also agreed to prepare a common defense cooperation strategy.

As regards nuclear energy in the European Union, "this sphere mustn't be regulated overly, while state subsidies for this energy should also be considered, as we believe that it's being discriminated against at the moment," Hungarian PM Viktor Orbán said.

He added that every country has the right to produce energy from the sources available and thus there should also be no discrimination with regard to nuclear energy. The EU should take each country’s power generation capacities into account and reconsider state subsidies for energy investments.

The V4 Prime Ministers agreed that European production of shale gas was desirable and would support countries planning to begin shale extraction. The V4 is also setting up a gas market forum to establish a regional gas market. The forum is scheduled to hold its first session in Budapest in October.

Steps have been taken to establish a joint representative office for the V4 countries. The first such office will be located in Ho Chi Minh City in Vietnam. V4 chambers of trade and industry will meet regularly, and V4 parliamentary speakers will begin cooperation talks in the first half of next year.

The heads of government agreed to prepare a common defense cooperation strategy and hold annual exercises together. The first V4-EU unit is expected to be ready for action in the first half of 2016.

D&T

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