Szijjártó: Gov’t backs EU-US free trade agreement if it serves Hungarian interests

Pharma

kormany.hu/Gergely Botár

Although the outcome of free trade talks between the European Union and the United States is still uncertain, the Hungarian government will only support the agreement if it serves Hungarian interests, Foreign Minister Peter Szijjártó said yesterday, according to Hungarian news agency MTI.

Such an agreement could be generally advantageous for Hungary, he said, but added that increasing competition on Hungary's European export markets could be seen as a risk. Szijjártó mentioned vehicle manufacturing, chemicals and pharmaceuticals, medical devices and infocommunication products as exports that could see the most benefit from free trade.

ADVERTISEMENT

Reforms to raise productivity would strengthen recovery - OE... Analysis

Reforms to raise productivity would strengthen recovery - OE...

Meeting called to address Pegasus spyware lacks quorum  Parliament

Meeting called to address Pegasus spyware lacks quorum 

Skanska commercial dev unit names new EVP of operations Hung... Appointments

Skanska commercial dev unit names new EVP of operations Hung...

Zsa Zsa Gabor's ashes buried in Budapest City

Zsa Zsa Gabor's ashes buried in Budapest

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.