Closer Indian-Hungarian cooperation on the horizon in global issues?

The second dialogue between the Indian Council of World Affairs (ICWA), N. Delhi and the Institute of Foreign Affairs and Trade (IFAT), Budapest was held on September 10, 2020.

In view of the ongoing pandemic situation, the dialogue was held in an online mode. Ambassador of India to Hungary H.E. Mr. Kumar Tuhin delivered the opening remarks. Director General of ICWA Dr. T C A Raghavan and Director of IFAT Mr. Márton Ugrósdy delivered the closing remarks. A number of researchers and scholars from both sides participated in two panels which covered the topics of perceptions about China and the global economic situation.

During the panel discussions, the impact of Covid-19 including on how it has served as a catalyst in

changing perceptions about China in Europe and South Asia

and the realization that over dependence on China especially for medical supplies was not in their interest was mentioned. The discussions also brought out the severity of impact that the pandemic has created on the global economy and the ongoing changes in global supply chains as well as the challenges therein.

It was agreed that ICWA and IFAT would continue their interaction and consider working together on research projects.