Bank to help Hungarian businesses’ activities in Australia with 800 million dollar credit line
Despite a great distance between Hungary and Australia, bilateral economic cooperation is “continually expanding”, the minister of foreign affairs and trade said on Wednesday.
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Péter Szijjártó said on his Facebook page after talks with Dan Tehan, Australia’s trade minister in Paris that the turnover of bilateral trade had increased by an annual 49 percent, adding that Hungary would soon start exporting food products to Australia.
Hungary supports a free trade agreement between the European Union and Australia, and regrets that negotiations have been postponed due to
Hungary supports a free trade agreement between the European Union and Australia, and regrets that negotiations have been postponed due to
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a conflict between Australia and France,
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Szijjártó said.
Hungary has also supported the election of Australia’s Mathias Cormann to secretary-general of the OECD, Szijjártó noted.
Hungary has also supported the election of Australia’s Mathias Cormann to secretary-general of the OECD, Szijjártó noted.
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The Hungarian EXIM Bank has set up an 800 million dollar credit line to help Hungarian businesses’ activities in Australia, Szijjártó said. A new Hungarian representation to be opened in Sydney will further promote Hungarian companies, he added.
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Source: MTI
Very RICH country is Australia.
Hungary – the Big 6 been “put on notice” previously – need to look at the Functionality – the way Superannuation is operated in Australia.
AGAIN – look into the Massive FUNDS held by Members /Contributors – workers,employers and Government – that will be there – when they Retire.
Superannuation – in its numerous positives – releases from Governments the leval of monies they have to pay under a – Retired Pension Fund.
Superannuation – look at the Australian Model – maybe it could work – or could be MADE to work – for the current and Future workforce in Hungary.
Just take the time and look at what Australian Dollars are held by its Members – in – SUPERANNUATION Funds.
It will ASTOUND you – and it Grows – Grows and Grows.
If there is one country that China has greatly contributed to the Wealth of a country – it is Australia.
Export of Iron Ore to China and Coal – but Iron Ore – has made Australia “stand out” globally even through these Challenging Times – as an Economy – that has been “mildly scared” – from the “presence” of this ongoing novel coronavirus.
Superannuation – look at the HELD Funds Total – by its Members – Workers in Australia – all for THEM – when they Retire.
Australia is a Rich Country – agree.
This delights me – the growing Relationship – Hungary & Australia.
Trust its not Belated but the way the Economy of Australia continues to perform, in this Global Crisis – bought on by this on-going novel corona virus – is a Miracle.
The balance sheet of Australia – clearly HIGHLIGHTS – that Australia owns MORE of the World than the World owns of Australia.
The Prime Minister of Hungary – the Prime Minister of Australia – may wear different coloured underwear ha ha – but at the end of the day – TRUST – the need of TRUST – must be a driving developing Factor – to BUILD the opportunistic postion that exists – bringing Hungary & Australia – To-gether.
Australians love Hungarians and this – on the bible – I know is FACT.
I have not heard a Hungarian say bad words about Australians.
Lets seal this RELATIONSHIP – build on it make it a show piece to Europe and the World.
Prime Minister – Victor Orban – the visionary he is – please build on this Hungary-Australian relationship.
Australians have massive disposable income to spend on travel and love to travel which inter-faced on growing trading and “other” relationships – we in Hungary can be Big Winners.
Lets build and Grow it Hungary – with a “Miracle” story that continues to be – that “land from down-under” – Australia.