Hungary, Serbia hold joint cabinet meeting in Subotica

Visits

Fot√≥: SzecsŇĎdi Bal√°zs/Minisztereln√∂ki Sajt√≥iroda

Senior members of the governments of Hungary and Serbia held a joint cabinet meeting on Monday in Subotica, Vojvodina, the autonomous province in the north of Serbia with a large ethnic Hungarian population, state news wire MTI reported. 

Orb√°n with Serbian Prime Minister Ana Brnabińá in Subotica (photo: Bal√°zs SzecsŇĎdi / PM ľs Press Office)

After the meeting, at a joint press conference with his Serbian counterpart Ana Brnabińá, Hungarian Prime Minister Viktor Orb√°n reiterated that Hungary backs the soonest possible accession to the European Union for Serbia, adding that the country ľs membership in the EU would benefit all member states.

Brnabińá acknowledged Hungary ľs support in the area of European integration, its economic cooperation, and its support for ethnic Serbs in Hungary. She said 11 political, economic and social agreements were signed on Monday, evidence of the governments ľ moves to address specific problems and produce concrete results.¬†¬†¬†

Orb√°n invited Brnabińá to Hungary for the next joint cabinet meeting of their governments.

Ahead of the joint cabinet meeting, Hungarian Minister of Foreign Affairs and Trade P√©ter Szijj√°rt√≥ met with his Serbian counterpart Ivica Dańćińá and Serbian Minister of European Integration Jadranka Joksimovińá. He said Hungary would do everything in its power to contribute to strengthening Serbia ľs economy and accelerating the country ľs integration with Europe.

"We will not accept that there can be no enlargement until 2025, nor will we accept that the European Commission is artificially slowing the process of Serbia ľs integration," he asserted.

Szijjártó noted that Magyar Eximbank has approved a EUR 110 million credit line to support partnerships between Hungarian and Serbian businesses. Additionally, the Ministry of Foreign Affairs and Trade has set up a HUF 1.6 billion fund for partnerships that involve infrastructure investments in Serbia, he added.

Szijj√°rt√≥ recalled that Hungarian government subsidies for businesses in the Vojvodina region have gone to 10,400 applicants so far, supporting investments worth a total of HUF 65 bln. This year, Hungary ľs government has allocated HUF 7.5 bln in program financing for Vojvodina, he added.

ADVERTISEMENT

MBH Bank Closes Acquisition of Duna Takarék Bank Banking

MBH Bank Closes Acquisition of Duna Takarék Bank

Orb√°n Augurs Economic Rebound From Q3 Government

Orb√°n Augurs Economic Rebound From Q3

Corvinus Uni, ExxonMobil Sign Cooperation Deal Deals

Corvinus Uni, ExxonMobil Sign Cooperation Deal

Budapest Muni Council Clears R√°c Baths Renovation Tourism

Budapest Muni Council Clears R√°c Baths Renovation

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.