Sydney, February 16 (MTI) – Hungary will open a commercial and consular office in Sydney to boost its economic interests and “strengthen the cohesion” of Australia’s Hungarian community, Foreign Minister Péter Szijjártó said.

The minister told MTI over the phone on Thursday that he had held talks with Australian trade and investment organisations, members of the European Australian Business Council and representatives of the local Hungarian community in Sydney.

Australia’s growing interest in central European investment may help prop up Hungary’s economic growth, he said, adding that Australian investors are mainly eyeing business opportunities in mining, water management and car industry logistics.

Szijjártó and his Australian counterpart Julie Bishop agreed that Australia and the Visegrad Four, an alliance of Hungary, Czech Republic, Slovakia and Poland, would hold a “V4+Australia” summit meeting in Budapest during Hungary’s V4 presidency next autumn.


Source: MTI

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