Bosch will be expanding its Budapest development centre by 90 thousand square metres with an investment of 37 billion forints (EUR 101 million); construction will be completed in 2021.
“It is in Hungary’s interests for the negotiations on Great Britain’s exit of the European Union to end with a comprehensive free trade agreement”, Minister of Foreign Affairs and Trade Péter Szijjártó said in Budapest on Tuesday following a press conference on another topic.
“The Hungarian economy is expanding dynamically and is becoming increasingly competitive, and accordingly Hungary has an interest in free and fair world trade”, Minister of Foreign Affairs and Trade Péter Szijjártó told Hungarian news agency MTI on Tuesday following talks with Latin American ambassadors accredited to Budapest.
The National Competitiveness Council discussed three economic development strategies at the last two meetings, Minister of Finance Mihály Varga said. After a blueprint was presented in June by the Hungarian Chamber of Commerce and Industry, the Council has now debated the strategies of the National Bank of Hungary and the Ministry for Innovation and Technology, he added.
On Monday Prime Minister Viktor Orbán travelled to Ankara to attend Turkish president Recep Tayyip Erdogan’s inauguration ceremony.
“From the perspective of Hungary’s sustainable development, it is important for the production-based economy established in the country since 2010 to become an economy that is based on know-how and innovation”, Minister of Foreign Affairs and Trade Péter Szijjártó stressed before Parliament’s Sustainable Development Committee on Monday in Budapest.
“The appearance of a ‘strong Visegrád voice’ in the debate on the future of Europe is also in the interests of the EU”, Minister of Foreign Affairs and Trade Péter Szijjártó said.
“Hungary has offered its assistance to the Thai Government to help rescue the junior football team that has been trapped in the Tham Luang cave system”, Minister of Foreign Affairs and Trade Péter Szijjártó announced on Monday in Budapest.
According to the Chief Security Advisor to the Prime Minister, the migration inflow affecting Europe is not decreasing, rather changes can be seen in the direction of migration and the make-up of the citizenship of the people arriving.
Although the positions of the anti-immigration Hungarian Government and pro-immigration German Government collide, according to the Government Spokesperson we must concentrate on issues with relation to which the foundations for cooperation are present.