Prime Minister Viktor Orbán to visit India in October
India will host Prime Minister Viktor Orbán on a state visit in October, the Hungarian Foreign Ministry said on Tuesday. Deputy State Secretary for Global Affairs, Szabolcs Takács, held talks in New Delhi with senior foreign affairs officials, who told him that the Prime Minister would be welcomed in India in October.
The two sides surveyed Hungarian-Indian relations and the bilateral agreements to be signed in the near future, with economic cooperation in the focus. The value of trade between the two countries exceeded $840 billion in 2012, with a positive balance of €135 million euros for Hungary. Hungarian export largely consists of mobile phones, electric machines, and data processing equipment.
Indian direct investment in Hungary amounts to nearly $1.3 billion, and provides employment for about 6200 currently. Altogether, 8,000 to 9,000 Hungarians are in working relation with Indian firms.
ADVERTISEMENT
Business Confidence Worsens, Consumer Confidence Improves
Parliament Negates Mandatory Membership in MOK
Haulier Koncsek Trans Invests HUF 150 mln in Garage Upgrade
Budapest Leaders Unveil Plans to Scale Back Traffic on Thoro...
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.
