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Szijjártó: Conditions for Hungary joining AIIB to be presented at accession talks

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The exact financial conditions for Hungaryʼs membership in the Asian Infrastructure Investment Bank (AIIB) will be discussed during accession talks, Foreign Minister Péter Szijjártó said in a statement on Saturday, according to Hungarian news agency MTI.

Membership would not only enable Hungary to get involved in decision-making in the potentially influential international financial organization, and make it easier for Hungarian firms to take part in AIIB-funded projects, but it is also expected to boost the countryʼs economic and financial relations, and consolidate Hungarian companiesʼ presence in Asian markets, the minister said.

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