The must-have newsletter about Hungary

NAGY CALLS FOR BOOSTING HUNGARY-MONTENEGRO ECONOMIC, TOURISM TIES

 

Márton Nagy, the national economy minister, has held talks with Vladimir Martinović, Montenegro’s minister for tourism. They discussed international trends impacting the region’s economy and tourism potential as well as the possible areas for deepening bilateral cooperation. Nagy said Montenegro was an important partner for Hungary, noting that bilateral trade turnover came close to 100 million euros in 2023. Hungarian investments in Montenegro reached 314 million euros in 2022, making the Western Balkan country the 21st destination for Hungarian capital that year, he added. Meanwhile, he welcomed that more than 4,300 Montenegrin tourists spent over 11,000 guest nights in Hungary in the first half of this year, a 39% increase in the number of tourists and a 42% rise in the number of guest nights compared with last year. The two weekly flights between Budapest and Podgorica, he said, provided a solid basis for developing tourism relations. Nagy also underscored Hungary’s support for Montenegro’s European Union integration, saying the country was ready for EU membership.