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Daily News Daily News · 14/02/2023
· Business

Agricultural trade hit records between Germany and Hungary in 2022

agriculture Germany Hungarian agriculture Hungarian economy
agriculture germany hungary

Source: Agriculture Ministry, Hungary

Germany is traditionally the most important economic partner of Hungary, in the agricultural sector as well, Agriculture Minister István Nagy said after meeting Julia Gross, Germany’s Ambassador to Hungary, in Budapest on Monday.

Agricultural trade hit records between the two countries in 2022, Nagy said.

Hungary has increased government funding for projects of the European Union’s Common Agricultural Policy to 80 percent, he noted. The developments are raising hopes of further economic cooperation with Germany, he said.

“We want to build food plants, meat plants, warehouses, food drying systems and coolers. Excellent cooperation is especially important as those projects may lead to further economic partnership. We would like to count on Germany in technological developments,” the minister said.

  • read also: Here is why Hungarian salami is cheaper in Germany than in Hungary

While sustainable agriculture is essential for Hungary, farmers’ interests must also be considered, he said. Hungary agrees with the EU initiative to curb the use of pesticides, but has issues with a blanket goal to drop pesticide use by 50 percent, he said. Hungary has already cut emissions, with pesticide consumption so low it only comes to one third of some member states, he said. A blanket measure would harm Hungarian farmers’ competitiveness, he said.

Nagy also called for food imported from third countries to be subject to the same requirements as those from member states.

European-Union-EU-sanctions-Russia-Ukraine-Fidesz
Read alsoThe increased Ukrainian grain export is causing problems for Hungary
agriculture Germany Hungarian agriculture Hungarian economy
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