The must-have newsletter about Hungary

Related Articles


Hungarian Foreign Minister Péter Szijjártó and Israeli Prime Minister Benjamin Netanyahu opened Hungary's foreign trade mission in Jerusalem.

Szijjártó spoke of “true friendship” between the two countries. The trade mission and Hungarian cultural year in Israel are signs of the significance Hungary attaches to its relations with Israel. The global economy and world politics are undergoing major and swift changes, Szijjártó said, adding that these changes were having a big impact on small open economies like Hungary. Israeli companies develop and use the most state-of-the-art technologies, and it is in the interest of Hungary and Hungarian firms to cooperate closely with them, he said. This is why, he added, Hungary had decided to open a trade mission in Jerusalem. Szijjártó noted Hungary’s Eximbank has opened a 555 million euro credit line to promote bilateral business ties. The minister said Hungary had always fought for a “fair and balanced approach” to Israel on the part of the international community.
Netanyahu also underscored the significance of the trade mission and thanked Hungary for its support in international forums and its strong stand against anti-Semitism.