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Orbán attends Tokyo forum, says CE open to Japan

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Central Europe’s gates are wide open to Japanese investors, Prime Minister Viktor Orbán said in a lecture at Tokyo’s Josai University on Thursday. In his lecture entitled “Hungary and Europe in a changing world,” Orbán called Central Europe a competitive region which has coped with the crisis, saying it is “back on the map” and expected to become the driving force behind European growth.

The region offers good opportunities for investors and it is “probably the best point in terms of logistics” to reach European markets, he said.

Answering questions from the audience about whether Hungary may join the Eurozone, Orbán said that the process could take up to three decades to complete. Governments between 2002 and 2008 failed to tap an historic opportunity to join, he said, but conceded that he would not have been in a position to implement his government’s innovative and unorthodox methods had Hungary already adopted the single currency.

Repeating a familiar theme, Orbán stated that states should not join the Eurozone before their per-capita economic output is above 90% of the zone’s core countries, otherwise they lose the ability to emerge from the economic crisis.

PM attends HITA forum in Tokyo; Graphisoft in deal with Nikken Sekkei
Hungary’s National Foreign Trade Office (HITA) held a business forum in Tokyo at which the prime minister was in attendance while on his official visit to Japan.

HITA announced that 61 representatives from 55 Hungarian companies discussed long-term economic and trade connections with Japanese partners.

Meanwhile, Graphisoft representatives informed national news service MTI on Thursday that an agreement had been signed with Japan-based Nikken Sekkei regarding the establishment of a jointly financed competence and research institute, Graphisoft told MTI.

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