Economic cooperation with Israel ‘extremely important’, says Hungarian foreign minister in Jerusalem
Jeruzsálem, 2018. július 19. A Külgazdasági és Külügyminisztérium (KKM) által közreadott képen Szijjártó Péter külgazdasági és külügyminiszter (b) és Tzachi Hanegbi regionális ügyekért, az izraeli-palesztin békefolymatért felelõs miniszter találkozója az izraeli parlamentben, a knesszetben, Jeruzsálemben 2018. július 19-én. MTI Fotó: KKM
Successful economic cooperation with Israel is “extremely important” for maintaining Hungary’s economic growth, Foreign Minister Péter Szijjártó told public media in Jerusalem on Thursday.
Szijjártó, who is accompanying Prime Minister Viktor Orbán on an official visit to Israel, held talks with Minister for Regional Cooperation Tzachi Hanegbi and director-general of the foreign ministry Yuval Rotem.
It is “instrumental” for the Hungarian economy to be a part of “development outlining the innovative automobile industry of a modern age”, Szijjártó said, calling Israel a key player in research and development based on self-driving vehicles, electromobility and the everyday use of artificial intelligence.
The minister noted that some 200 Israeli companies operate in Hungary, employing 5,000 people.
He said a 2 million euro joint innovation fund established last year had supported seven Hungarian-Israeli R+D+I projects. This year, the fund’s allocation could be raised to 10 million euros, he added.
Szijjártó said
deliveries of gas to central Europe from an Israeli offshore field with some 800 billion cubic metres of reserves could start in 2024 or 2025.
As we wrote on May, Hungary’s ambassador to Israel was attending the reception the Israeli foreign ministry is hosting in Jerusalem to celebrate the US embassy’s move from Tel Aviv. Read more HERE.
Photo: MTI
Source: MTI
please make a donation here
Hot news
What happened today in Hungary? — 7 September, 2024
Spotted in Király Street: Woody Harrelson charms Budapest with his humour
INTERVIEW – Diplomatic insights: Pakistan’s Ambassador discusses trade, education, and bilateral relations between Pakistan and Hungary
Quietly closing: Dozens of Hungarian post offices shut down across the country
Hungary to boost cooperation with Kuwait
China considers building an aviation hub at Budapest Airport