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SZIJJÁRTÓ: JAPANESE COMPANIES IMPORTANT FOR HUNGARIAN ECONOMY

 

Japanese companies are an important factor in Hungary’s growing economy, contributing to its Europe-topping first quarter annual growth of 5.3%, Foreign Minister Péter Szijjártó said ahead of a working lunch with Japanese investors organised by the Hungarian Investment Promotion Agency (HIPA) in Budapest. Szijjártó said that cooperation between Japan and Hungary had always been based on mutual respect. “[Cooperation] has never been as stable and fruitful as it is today,” he said. Japanese investments in Hungary are worth 2.5 billion US dollars and over 160 Japanese companies employ 34,000 people here, he noted.