Exports from Hungary are expected to reach $100 million by the end of the year, Szijjártó said. He added that the four new agreements he signed will fuel significant growth in the sector.
A Chinese ban on Hungarian duck and goose meat exports will be lifted, after a bird flu outbreak last year prevented their trade, the minister said. Negotiations regarding Hungarian chicken and turkey exports may soon be concluded as well, he added.
A deal was made for an additional four Hungarian companies to begin the audit process to receive licenses to export frozen pork to China. They are preceded by three companies so far who have successfully been licensed.
A decision was also reached regarding dairy export protocol, and Chinese authorities will begin a process of quality control in the Hungarian dairy sector that will allow for lucrative trade opportunities in the future, MTI added.
Producing journalism that is worthy of the name is a costly business. For over 30 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.
