Accelerating EU free trade talks in interest of Hungarian economy

Accelerating EU free trade negotiations and better implementation of existing agreements is important for Hungary's government. #hungariangovernment #europeanunion

Accelerating EU free trade negotiations and better implementation of existing agreements is important for Hungary’s government, as a pillar of the country’s competitiveness is expanding its exports to non-EU countries, Katalin Bihari, a deputy state secretary at the Ministry of Foreign Affairs and Trade, said at a conference in Budapest on Friday.

Addressing the Market Access Day conference organised by the ministry, the European Commission and the Hungarian Export Promotion Agency (HEPA), Bihari said the EU’s free trade agreements could pave the way for Hungarian companies to reach dynamically growing markets in a predictable manner.

Denis Redonnet, the EC’s deputy director general for trade and chief trade enforcement officer, said the EU had free trade agreements with 76 countries at present. Those trade agreements cover around 70pc of Hungary’s exports to non-EU countries, he added.

The conference aimed to foster an exchange of information and experience for companies seeking to do business on non-EU markets.

Read also:

  • Instead of hosting a Chinese university campus, South Pest may become a students’ paradise – read more HERE

Leave a Reply

Your email address will not be published. Required fields are marked *