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China-Hungary Business Council holds inaugural session in Budapest

The China-Hungary Business Council has held its inaugural session in Budapest on Tuesday.

Hungarian co-chairman of the council Sandor Csanyi, co-chairman of the National Association of Entrepreneurs and Employers (VOSZ) emphasised that bilateral relations have been fruitful for several decades, and, on the level of declared intentions, they were stronger in 2011 than ever before.

The council will lobby in order to achieve a dismantling of the barriers impeding the development of bilateral relations, Mr Csanyi said, citing the example of the lack of a veterinary agreement between the two countries, which impedes cooperation in food industry.

Gao Jian, China’s ambassador to Hungary, noted that bilateral trade turnover grew 6.9% last year to USD 9.2bn and could grow further this year.