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MKIK to set up more mixed chambers of commerce

The Hungarian Chamber of Commerce and Industry (MKIK) would like to set up further mixed chambers of commerce and hopes to obtain the government's support in the matter, including financial support, business daily Világgazdaság said on Friday.

The first such chamber was founded in 2006, and now there are four of them are operating, the Romanian, the Croatian, the Serbian and the Ukrainian ones.

The government is still considering the issue, the paper said.

One of the key objectives in MKIK's foreign trade strategy is to promote companies' foreign expansion, which could be best helped by mixed chambers of commerce, MKIK's deputy chairman, also head of the Hungarian-Romanian Chamber of Commerce and Industry, Jenő Radetzky told the paper. As it is reflected by the four chambers set up so far, priority is given to neighbouring countries in the Carpathian basin.

This fitted in well with the foreign trade development strategy of the previous governments' foreign trade ministry (GKM), he noted, adding that this is why they supported the setting up of the four chambers mentioned above with funds of HUF 20-30 million per chamber. (MTI-Econews)