The minister condemned processes pointing toward a renewed division of the world into blocks, noting that Hungary lost out on such a division during the decades of the Cold War. The Hungarian government is therefore interested in global cooperation based on mutual respect, he said. In this context, he remarked that Hungary is one of the best examples of how much can be gained from connectivity, as the country has by now become a highly important meeting point for Eastern and Western companies, and the only country in Europe where these players can cooperate smoothly.
He also noted that as a result, five of the world’s ten largest electric battery manufacturers, including three Chinese companies, have settled in Hungary, and that Hungary has now become the number one European investment destination for Chinese companies.
"Last year, 31 percent of all Chinese corporate investments directed to Europe targeted Hungary (…) These investments mean tens of thousands of modern, reliable jobs for Hungary, for the Hungarian people, and for Hungarian families," he added.
He also recalled that the two countries have done a great deal to further strengthen cooperation, including reaching an agreement on visa-free travel, and that within the region, Budapest can be reached by the highest number of direct flights from Chinese cities.
Cover photo: Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto (Source: Facebook)
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