Hong Kong and Hungary wish to strengthen bilateral economic ties, Edward Yau Tang-wah, Hong Kong’s secretary for commerce and economic development, told a press conference after meeting Hungarian officials of the foreign and finance ministries in Budapest on Thursday.

Hungary is an important partner of Hong Kong in in central Europe, Yau said. The aim is to further strengthen those ties, he added.

Bilateral trade between Hungary and Hong Kong jumped by 13.2 percent to 2.3 billion dollars in 2018.

Yau is leading a delegation of Hong Kong company executives on a two-day official visit to Hungary. The delegation will meet Foreign Minister Péter Szijjártó, and Gábor Gion, the state secretary of the financial ministry, and will visit the National Bank of Hungary as well as Hungarian companies to obtain information about investment and development opportunities.

Source: MTI

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