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trade relations

Deputy Foreign Minister Levente Magyar at the home of Hungarian American investor Tamás Péterffy in Palm Beach, Florida on 17 December 2024

Deputy FM: US Companies ‘Lining Up’ to Invest in Hungary

Hungarian Deputy Minister for Foreign Affairs and Trade Levente Magyar gave an exclusive interview to Breitbart, during which he discussed the prospects for economic and trade relations under Donald Trump’s second presidency. He revealed that, as he learned during a…
View of Ashgabat from the Arch of Neutrality (Wikimedia Commons)

EU Gas Supply Diversification to Be Enhanced by Hungary–Turkmenistan Deal

As Hungary holds the presidency of the Council of the EU, it can leverage its influence to set the EU’s agenda in favour of increased imports of Turkmen gas, presenting it as a strategic and cost-effective alternative to Russian energy…

Hungarian Visit to Brunei: A New Pillar for the Rise in EU–ASEAN Trade Relations

The recent visit of Hungarian Foreign Minister Péter Szijjártó to Brunei underscores Hungary’s strategic intent to strengthen its relationships with burgeoning economic regions, notably the Association of Southeast Asian Nations (ASEAN). It also signals one of Hungary’s foreign affairs objectives…

Viktor Orbán Endorses Chinese Peace Initiative in Joint Statement with President Xi Jinping

The Chinese President emphasized that during their discussions with Prime Minister Viktor Orbán they agreed that China and Hungary have always been good friends, trusting each other, assisting one another, and striving to establish mutually beneficial relationships….

Daily Flights Between Shanghai and Budapest Starting from the End of March

With the daily flights, the airline’s parent company, China Eastern Airlines, aims to provide even better connectivity between Budapest and Southeast Asia, New Zealand, and Australia….

First Commercial Flight Between Ningbo and Budapest Launched

Instead of systemic competition, the Hungarian government supports strategic cooperation with China, Minister of State for Bilateral Relations of the Ministry of Foreign Affairs and Trade Tamás Menczer emphasised during the inauguration ceremony at Budapest Ferenc Liszt International Airport on…

Viktor Orbán Advocates for Peace, Promotes Economic Ties in Qatar

The Prime Minister travelled to Doha on Sunday, where he is taking part in an official visit upon the invitation of Qatar’s Prime Minister and delivered a speech at the Qatari Economic Forum upon the invitation of the Qatari Emir….

László Kövér Strengthens Relations with South Korea

On the first day of his trip to Seoul, László Kövér emphasised that in 2020, 130 Korean companies employed 15,206 people in Hungary, and the Hungarian government has several strategic agreements with Korean companies….

Zelenskyy Happy to Ignore Chinese Transgressions, Is Less Forbearing Towards Hungary

Ukraine has proven to be quite willing to turn a blind eye to the transgressions of China for very pragmatic reasons. It seems practical stances in foreign policy are allowed after all, until some powerful figures in politics and media…

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