Japanese Companies Key To Hungary Economic Growth, Says FM

  • 8 Jan 2021 8:00 AM
  • Hungary Matters
Japanese Companies Key To Hungary Economic Growth, Says FM
Japanese companies play a key role in Hungary’s economic growth, with 19 Japanese companies having invested 21 billion forints (EUR 58.5), creating over 13,000 jobs since the start of the coronavirus pandemic, Foreign Minister Péter Szijjártó said on Facebook, noting he had met Japanese Ambassador Masato Ohtaka for an introductory meeting.

He thanked Japan for giving Hungary the opportunity to buy 2 million favipiravir pills to help the recovery of coronavirus patients. “Hungary has a vested interest in open and free global trade and we support the signing of an EU-Japan investment protection agreement,” he said.

He added that Hungary “observed with admiration” a free-trade agreement signed by China, Japan and Korea which he said created the largest free trade zone in the world.

Szijjártó said it was an important development that Hungarian pork products could return to Japanese markets after a ban due to African swine fever had been lifted for specific regions.

He also said that Hungary was looking forward to the Tokyo Olympics, and noted that agreements had been signed with five Japanese cities to provide opportunities for the preparation of Hungarian athletes.

Photo courtesy of FM Szijjártó Facebook Page

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