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WTO Deputy Director-General Praises Hungarian Economic Neutrality

Deputy General-Director of the World Trade Organization Zhang Xiangchen praised the Hungarian strategy of economic neutrality, stating that it is the way forward. Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó highlighted that the Hungarian government is fully committed…
Prime Minister Viktor Orbán (C) and Young Hyun Jun (C-R), CEO of Samsung SDI, plant trees at the opening ceremony of Samsung’s factory in Göd, Hungary on 29 May 2017.

Major Investments in Hungary — A Brief Overview

About 5 per cent of the Hungarian GDP is generated by the auto industry, therefore, initially, the EU’s decision to ban the sale of all new combustion-engine cars in 2035 was met with resistance in Hungary. Due to the ban,…

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