On the margins of the Hungarian PM’s visit to Huawei’s headquarters in Shenzhen, Minister of Economic Development Márton Nagy and Gao Weijie, the CEO of Huawei Technologies Hungary and the Western Balkans Region signed a memorandum of understanding, further deepening the strategic cooperation between the Hungarian government and Huawei that began in 2013.

According to Áder, a viable solution in preventing a global climate disaster can only be reached through an agreement involving the G20 nations, wherein the preferred and sanctioned activities are outlined. He stressed the need for a well-monitored system that prioritizes long-term sustainability over competitive advantage.

Environmental protection and sustainability have been integral to shaping Europe’s future for decades. The theme and policy framework of the green transition are among the most prominent programmes of the European Commission’s activities, and they have not been overshadowed by the pandemic or the Russo-Ukrainian war, Minister for Regional Development Tibor Navracsics said at the GreenTech exhibition and conference in Zalaegerszeg.

‘If in the coming years, the world cannot transition to electric-based transportation, then all environmental goals, climate goals, and green objectives will remain naïve illusions,’ Péter Szijjártó explained at the groundbreaking ceremony of the new factory of the South Korean EcoPro company.

The massive electric vehicle-related investments that Debrecen has secured over the past year represent a major step in Hungary’s shift toward a more sustainable economic development.

Some observers believe that the war offers a painful but historic opportunity for Europe to detach itself from fossil fuels more rapidly than planned, and the scarcity of energy will bring the required green shift in societal attitudes, as well as the operation of the economy.