Jerusalem, November 16 (MTI) – Foreign Minister Peter Szijjarto on Monday discussed Hungarian-Israeli economic ties and business opportunities at the second Hungary-Israel Business Forum in Tel Aviv.
The minister presented Hungary’s economic reforms that have been implemented since 2010 and discussed the country’s handling of the migration crisis.
Szijjarto said the reforms have put Hungary on a stable growth path, emphasising that the government had succeeded in reducing public debt while creating jobs and whitening the economy.
Szijjarto briefed the forum on his talks with Israeli Prime Minister Benjamin Netanyahu and the two countries’ commitment to expand bilateral business ties focusing on water management and IT and noted the planned bilateral water management, education and trade agreements.
The minister reiterated that Hungary does not support the labelling of Israeli products that originate from occupied areas — this is ineffective and damaging, and can lead to Palestinians losing their jobs, he added.