Hungarian Foreign Minister Peter Szijjártó during a video conference with Chinese Foreign Minister Wang Yi said that China took a second place in terms of investment in Hungary in 2021.
This is reported by HUNGARY Today.
According to Hungarian Foreign Minister Peter Szijjarto, last year China China was the largest investor in Hungary last year and came second after South Korea this year. The Hungarian Foreign Minister also said that the value of bilateral trade increased by 21 percent this year and reached 8 billion dollars by August, while the Hungarian export volume to China increased by 33 percent.
Szijjártó said cooperation would continue concerning vaccines, with China having expressed willingness to negotiate on the production of Sinopharm vaccine in Hungary based on a license.
In addition, Peter Szijjarto reported that the Government of Hungary is willing to make available Hungary’s experiences gained during the use of the Chinese vaccine if this is necessary for the licensing process of the vaccine by the European Medicines Agency, Szijjártó said.
It should be noted that Hungary was the first EU country to start using the Chinese COVID-19 vaccines produced by Sinopharm in order to immunize the population, as previously reported by Hungarian Prime Minister Viktor Orban.
During the press conference, Szijjártó also announced the opening of a new Hungarian consulate-general in Guangzhou, adding that this is expected to further improve economic and investment links between the two countries.