Hungary, Bavaria sign another 3-year cooperation program

Int’l Relations

Hungary and Bavaria have signed another three-year cooperation program, Minister of Foreign Affairs and Trade Péter Szijjártó said on Thursday, after a meeting of the Hungarian-Bavarian Joint Committee, according to a report by state news wire MTI.

In the framework of the program, the sides will work together to preserve the economic results achieved so far in the current, challenging environment, Szijjártó said at a joint press conference with Bavaria's State Minister for European and International Affairs Melanie Huml.

The 51-point program extends from joint financing for Budapest's Andrássy University to cooperation in the area of renewable energy, he added.

He noted that 26 companies based in Bavaria invested HUF 28 billion in Hungary during the pandemic, preserving some 12,300 jobs.

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