Budapest en Route to Transformation into a Regional Hub

On 21 June a joint press conference was held by UAE Minister of Economy Abdulla bin Touq Al Marri and Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó. During the conference, an agreement to deepen bilateral relations through agricultural cooperation was announced. The ministers also highlighted the significance of the New Millennium Centre construction project in Budapest, which is backed by a substantial investment of 5 billion EUR from the UAE.

Israeli Foreign Minister’s First Visit to Hungary

Minister of Foreign Affairs of the State of Israel Israel Katz visited Hungary recently for the first time since he took up office. He met with President of Hungary Tamás Sulyok, Minister of Foreign Affairs and Trade Péter Szijjártó, and the leaders of the Hungarian Jewish communities. The main aim of the visit was to determine, with Hungary soon taking over the presidency of the EU, how Budapest and the Union would take action against anti-Israel efforts in the next six months.

New Hungarian Honorary Consulate in Monaco to Facilitate Voting Abroad

Hungary’s Honorary Consulate has opened in Monaco, allowing Hungarians to vote in the European Parliament elections on 9 June at a record of 147 foreign locations. Minister of Foreign Affairs and Trade Péter Szijjártó pointed out the significance of 9 June, calling it possibly the most crucial day in modern European history.

Hungary Will Not Back Rutte as NATO Secretary General

Foreign Minister Péter Szijjártó of Hungary claimed that Hungary will not back outgoing Dutch Prime Minister Mark Rutte’s candidacy for NATO Secretary General since he had made comments about ‘bringing Hungary to its knees’ in the past, He also added that ‘if a threat is from the East, then maybe the Secretary General should also be from the East’.

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 during its forthcoming presidency of the Council of the EU.

Hungarian Government Supports Siemens Energy’s HUF 26 Billion Investment

The value of the three-part investment is HUF 26 billion, with the government providing approximately HUF 900 million in support, Minister of Foreign Affairs and Trade Péter Szijjártó announced on 23 May. The minister highlighted at the inauguration ceremony of Siemens Energy Ltd’s new plant that the German conglomerate will manufacture gas turbine burners in its new multifunctional facility and establish a dual training centre there, equipping Hungarian professionals with the knowledge needed for using the latest technologies.

Historic Visit of Chinese President Xi Jinping to Hungary Yields Eighteen Significant Agreements

Among other agreements, Minister of Foreign Affairs and Trade Péter Szijjártó announced preparations for the joint development of a high-speed railway connection, aimed at enabling swift and comfortable travel from the Liszt Ferenc Airport to the centre of Budapest. In addition, the possibility of building an oil pipeline between Hungary and Serbia will be explored with Chinese and Serbian partners, as well as the expanding of Sino-Hungarian cooperation to nuclear energy initiatives.