In his speech the Foreign Secretary:

* made it clear that we need to preserve and expand the multiple benefits of the internet;

* emphasised the importance of the internet in promoting freedom of speech, prosperity and innovation;

* called for an international consensus to address some of the more negative aspects of the internet including cybercrime and state-sponsored cyber attacks.

The Foreign Secretary announced that the Government will be investing £2m a year in a new Centre for Global Cyber-Security Capacity Building in the United Kingdom. This centre will provide independent advice to countries on how to build a secure and resilient internet.

Read the full text of the Foreign Secretary's speech

Francis Maude, who is attending in his capacity as UK Minister responsible for Cyber Security in the Cabinet Office, will give further details of the announcement later.

While in Hungary the Foreign Secretary will hold bilateral meetings with Hungarian Prime Minister Orbán and Foreign Minister János Martonyi.

Source: British Embassy Budapest