Hungarian minister hails delivery of first railway carriages to Egypt

Delivering the first railway carrages assembled by Hungary’s Dunakeszi Jarmujavito has been a “milestone” as well as “an excellent example of the cooperation between Hungary, Russia and Egypt”, Foreign Minister Péter Szijjártó said in Alexandria on Tuesday.

At a press conference held online on Facebook, Szijjarto said that the Egyptian order for 1,300 carriages to be completed by a Hungarian-Russian consortium and worth one billion euros, had so far been one of the largest export orders in the history of Hungary’s industry.

He said that

624 carriages were scheduled to be completed in Russia and 676 in Hungary. So far, the first 259 have been delivered to the customer.

Concerning ties with Egypt, Szijjártó said that the turnover of bilateral trade had increased by 2.5 times in the past ten years, adding that last year alone Hungarian exports to Egypt were up by 43 percent despite the impact of the coronavirus epidemic.

As we wrote today, Egypt deserves unconditional support from the European Union as it has proven that illegal migration can be halted at sea as well as on land, Péter Szijjártó, Hungary’s foreign minister, said after talks with his Egyptian counterpart, Sameh Shoukhry Details HERE.

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Source: MTI