AmCham, HACA sign cooperation agreement

Competition

The Chairman of the Hungarian Association of Customs Affairs (HACA) József Vizsy and American Chamber of Commerce (AmCham) board member Dr. Farkas Bársony on April 22 signed a cooperation agreement between the two organizations to facilitate collaboration on international trade and custom affairs, according to a press release issued yesterday.

József Vizsy and Dr. Farkas Bársony sign agreement on April 22.

The intent of the agreement is to establish a framework for dialogue on how to boost Hungary’s competitiveness regarding domestic and foreign trade regulations and customs affairs, the press release noted.

Through the agreement, the two parties will share information and become involved in ongoing professional collaborations. Additionally, AmCham and HACA have agreed to provide feedback on legislation and recommend amendments as well as communicate with the respective authorities, the press release added.

“Economic regulators must help the growth of the domestic economy in accordance with the regulations of the European Union. Regulations involving international trade and related issues greatly effect the competitiveness of Hungary and local businesses – trade and custom affairs regulations have a significant role in this,” said Bársony.

Following the signing of the agreement, Vizsy highlighted as a top priority the adoption of more modern customs solutions and a more competitive approach to logistics similar to those employed by international firms.

ADVERTISEMENT

Varga puts 2021 GDP growth at 7-7.5% Analysis

Varga puts 2021 GDP growth at 7-7.5%

Opposition parties to begin PM candidate primaries Elections

Opposition parties to begin PM candidate primaries

New managing director at the helm of Wolt Hungary Appointments

New managing director at the helm of Wolt Hungary

Budapest bike-sharing scheme boasts record ridership City

Budapest bike-sharing scheme boasts record ridership

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.