Szijjártó, Chinese counterpart agree to upgrade bilateral ties

Int’l Relations

kormany.hu/Márton Kovács

Minister of Foreign Affairs and Trade Péter Szijjártó said he and his Chinese counterpart Wang Yi reached an agreement on upgrading the bilateral relationship between the two countries into a “comprehensive strategic partnership,” Szijjártó told Hungarian news agency MTI today.

(Photo: kormany.hu/Márton Kovács)

Szijjártó spoke on the phone to MTI after meeting with the Chinese foreign minister in Beijing. 

The ministers discussed the Budapest-Belgrade railway link project, deciding that the tender for the project will be called in March 2017 at the latest, with the project management contract set to be signed by the end of June.

Exports of Hungarian maize and milk products could start under an agreement reached during the visit on the expansion of Hungarian agricultural exports to China, Szijjártó said. He noted that exports of Hungarian agricultural products to China rose sharply by 71.5% in the first eight months of 2016.

Szijjártó said that two Chinese banks will provide USD 1 billion to finance the acquisition of ten new aircraft by Hungarian low-cost airline Wizz Air under an agreement made during his stay in Beijing.

On Wednesday a joint working committee met to discuss Chinaʼs “One Belt, One Road” development strategy and framework, while Szijjártó also met with Jin Liqun, president of the Asian Infrastructure Investment Bank. China supports Hungary joining the bank, Szijjártó told MTI.

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