Hungary accession to AIIB on the agenda, says Varga
Hungary’s accession to the Asian Infrastructure Investment Bank (AIIB) is on the agenda, National Economy Minister Mihály Varga said in a statement issued by his ministry today, according to Hungarian news agency MTI.
Varga said the topic was among the most important of those discussed during an official visit to Hong Kong.
The AIIB, which started operating one year ago, has 57 prospective founding members. China holds one-third of AIIBʼs capital stock, the latest data shows. India holds 9.4%, Russia 7.3% and Germany 5%.
Varga was in Hong Kong to attend the 10th Asian Financial Forum. During his stay, he also held talks with Hong Kong Secretary for Commerce and Economic Development Gregory So, the former president of the Legislative Council of Hong Kong Jasper Tsang, and Deputy Chief Executive of the Hong Kong Monetary Authority Eddie Yue.
Hungary CPI Drop Acknowledged at IMF/World Bank Spring Meeti...
Hungary to Address Future of Cohesion Policy During EU Presi...
AI may Save Hungarian Healthcare, Says Leading Doctor
Time Out Market to Open in Budapest Next Year
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
