ADVERTISEMENT

Varga on official visit to South Korea

Visits

National Economy Minister Mihály Varga met with South Korea's trade minister Yoon Sang-jick and the governor of the country's central bank, Kim Choong-soo, at the start of an official three-day visit to South Korea on Monday.

The talks with Yoon Sang-jick touched on the expansion of the two countries' cooperation in the area of energetics, including nuclear energy, Varga said. Ties could also be forged in the area of military technology, he added.

Varga also discussed broadening the financial cooperation between Hungary and Korea at talks with deputy prime minister and finance minister Hyun Oh-Seok, as well as the role Korean partners can play in financing Hungary's debt, the economy minister said.

Varga is having a breakfast meeting with representatives of the governing party this morning. Afterward, he will meet the head of the Korean Chamber of Trade and Industry and give a presentation to Korean business representatives on the outlook for the Hungarian economy. He will meet with the head of Samsung and Hankook, both companies with large manufacturing bases in Hungary, later in the day.

ADVERTISEMENT

MNB Int'l Reserves Fall EUR 358 mln in May MNB

MNB Int'l Reserves Fall EUR 358 mln in May

Parl't Approves Amendments to Legislation on Judiciary Parliament

Parl't Approves Amendments to Legislation on Judiciary

Dana to Invest HUF 36 bln in Capacity Expansion in Hungary Automotive

Dana to Invest HUF 36 bln in Capacity Expansion in Hungary

Ibis Styles Budapest Airport Hotel Wins Best of Budapest & H... Hotels

Ibis Styles Budapest Airport Hotel Wins Best of Budapest & H...

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.