Seoul, November 28 (MTI) – South Korean companies play an important role in Hungary, Prime Minister Viktor Orban said on Friday in Seoul, after talks with South Korean President Park Geun-hye.
He called tyre maker Hankook and electronics manufacturer Samsung “two major flagships” that “have earned great respect” in Hungary.
Speaking at a joint press conference, Orban said Hungary strove to continue pursuing successful cooperation with South Korea, adding that medium-sized companies should be next in line to make a presence in Hungary and highlighting innovation as an area of cooperation.
He announced that the Hungarian government would launch a scholarship scheme for 100 South Korean students to study in Hungary each year.
Orban said Hungary is proud to have been the first country in the former Soviet bloc to establish diplomatic relations with South Korea.
He said the two countries’ approach to the issue of North Korea is similar. Orban said Hungary fully supports South Korea in its reunification endeavours.
“We believe that every nation is entitled to live in unity within the confines of a state,” Orban said, pledging Hungary’s steady support in the EU for a policy promoting close European-Korean cooperation.
Park Geun-hye noted that the two countries had established diplomatic relations 25 years ago. Further cooperation in science, technology, environmental protection and defence were among points of agreement, she added. Concerning the latest, she said Hungary’s prospective helicopter tender was also discussed at the meeting.
After the talks, representatives of the two countries signed several bilateral agreements in aviation, education, technology and finance.