Foreign minister Peter Szijjarto – Photo: Facebook

Szijjarto addresses Hungarian-Vietnamese business forum

Predictable partnerships based on mutual respect such as the cooperation between Hungary and Vietnam are all the more important in the current turbulent times, Peter Szijjarto, the minister of foreign affairs and trade, told a Hungarian-Vietnamese business forum in Budapest on Friday.

Recent global crises such as the pandemic, the ongoing war in Ukraine and the conflict in the Middle East disrupted the existing supply chains, caused energy prices to soar and have affected maritime trade, the minister noted.

Such turbulent times, Szijjarto said, gave even greater value to partnerships like the more than 70-year cooperation between Hungary and Vietnam.

He welcomed that the two countries had further strengthened their cooperation in recent days.

Szijjarto said that under the new agreements signed by Hungary and Vietnam, cooperation in foreign affairs was set to become stronger. The two countries will boost their cultural ties, step up joint action against international crime, and Hungary is set to increase exports of its water management technologies to the Southeast Asian country, he added.

Szijjarto also welcomed that there were no unresolved political issues between Hungary and Vietnam, “only cooperation based on mutual benefits”.

He said everything was in place for cooperation between Hungarian and Vietnamese businesses to successful as well, urging the business executives in attendance to make use of this opportunity.

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