Montenegro’s Prime Minister Milojko Spajić and Hungarian Prime Minister Viktor Orban signed agreements in Budapest to establish a framework for cooperation on strategic projects vital for Montenegro’s development.
The agreements cover infrastructure development as well as cooperation in telecommunications, information technology, and law enforcement, aiming to improve living conditions, economic growth, and the country’s potential.
Through joint efforts in project selection and securing financing while respecting legal and environmental standards, Montenegro now has the opportunity, in close collaboration with an EU member state, to address development challenges related to road construction and railway modernization.
Spajić emphasized that highway construction and railway modernization are key priorities to connect Montenegro with the region and Europe, creating sustainable opportunities to fully utilize the advantages of the Port of Bar.
Orban highlighted that the agreements go beyond economic cooperation; they represent successful trust-building and pave the way for intensified future collaboration. The establishment of a joint economic commission will monitor agreement implementation and strengthen public and private sector ties.
He also noted that infrastructure development is central to cooperation, as establishing trade routes including Montenegro would generate significant economic benefits for both countries.
Hungary will continue to fully support Montenegro’s EU integration, aiming to complete negotiations by 2026, providing expert assistance and scholarships for Montenegrin students to enhance their academic and practical knowledge in Hungary.
Orban stated that Montenegro has effectively met the standards required in EU negotiations and is capable of closing chapters rapidly. Hungary will also support Montenegro in the early years of EU membership, recognizing the challenges ahead.
The signing ceremony in Budapest was attended by Montenegro’s Interior Minister Danilo Šaranović, Transport Minister Maja Vukićević, and Public Works Minister Majda Adžović.
