Hungarian Conservative

In his video message sent to the conference taking place in Yibin, China, Foreign Minister Péter Szijjártó praised the mutually beneficial strategic cooperation between Hungary and China, and called Hungary ‘a meeting point of Western and Eastern investors’.

Péter Szijjártó emphasised that except for Germany and China, Hungary is the only country where all three German luxury car brands have factories, and three of the world’s top ten electric battery manufacturers are already present in Hungary.

Péter Szijjártó pointed out that Hungary is already the world’s fourth-largest producer of electric batteries and that in the last thirteen months, batteries have been the country’s top export product.

Hungary’s green party, LMP vocally objects to the planned investments on environmental grounds. First, it started organising a local referendum in Debrecen on the matter. Although the party did get a green light to collect signatures for the plebiscite, it never actually began working on implementing its initiative.

The European Parliament has approved new legislation that sets the path towards zero CO2 emissions for new passenger cars and light commercial vehicles by 2035.