Hungary Looks Into Opening Trade House In US
- 25 Jun 2014 9:00 AM
Foreign trade chief Péter Szijjártó said it would be worth opening a trading house in the United States and that Hungary was already looking into the possibilities. He told commercial Gazdasági Rádio that structural changes were planned at the ministry, further trading houses would be opened, new strategic agreements would be signed and the system of incentives available to foreign companies would be simplified, press chief at the ministry Judit Fülöp said.
Hungary currently has trading houses in 12 countries and this number is planned to be raised to 25 by the end of the year, Szijjártó said.
Hungary supports developing closer cooperation between the EU and the US, but one cornerstone that must not be abandoned is keeping the GMO free status which is included in Hungary’s constitution.
No transatlantic agreement should be made that hinders Hungary’s export expansion plans or US capital investment in Hungary, he added.
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