Hungarian Conservative

Another, earlier-than-ever date has emerged regarding the completion of the Hungarian section of the Budapest–Belgrade railway line. As before, the source of the information on the new date is the Serbian President.

The transformation of global supply chains has accentuated the importance of the Budapest–Belgrade railway. As a result, the Belt and Road Initiative (BRI) may become profitable not in the widely reported 979 years, but in only a few years. If the project lives up to expectations, it will not only prove the success of Hungary‘s Opening to the East policy and connectivity goals, but will also position Hungary as a preferable investment destination.

Viktor Orbán met the Georgian prime minister this week. He is expected to also attend a forum in China, where Vladimir Putin will also be present. This could be the first time the two meet since the beginning of the Russo-Ukrainian war.

Over the last couple of years, Chinese investments have greatly contributed to economic growth in Hungary, in sectors ranging from cargo transport to battery manufacturing.