Szijjártó: South Korean to boost car industry

History

The Hungarian government expects South Korean companies to boost developments in Hungary’s car industry, Foreign Minister Péter Szijjártó said following talks with his counterpart Yun Byung-se in Seoul today. This meeting was part of a series of talks being held during a visit from Hungarian Prime Minister and his delegation of officials to the Republic of South Korea.

According to Szijjártó, the two countries have a shared interest in developing economic cooperation, and he noted that Hungary has a vested interest in such projects as South Korean companies applying state-of-the-art technologies in both the car and electronics industries. He added that talks are under way on several projects.

Hungarian news agency MTI reported that the Republic of South Korea seeks to intensify cooperation with the Visegrád Four which icludes the Czech Republic, Hungary, Poland and Slovakia, and a meeting of the five countries is currently being planned.

The two sides jointly agreed that the Ukrianian conflict should be solved through negotiations as soon as possible in order to return to the old form of economic cooperation in line with the interests of both Hungary and South Korea.

ADVERTISEMENT

Millennium Gardens Opens with Over 90% Occupancy of Phase I Analysis

Millennium Gardens Opens with Over 90% Occupancy of Phase I

Horthy Statue to be Unveiled in Parliament Parliament

Horthy Statue to be Unveiled in Parliament

Blue Chip Art and Passion Assets - Claudia Worthington Hess ... Podcasts

Blue Chip Art and Passion Assets - Claudia Worthington Hess ...

Magyar Posta to Close 35 Post Offices in Capital City

Magyar Posta to Close 35 Post Offices in Capital

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.