articleimg-1
Jan 14, 2020

FM: Hungarian products and services are in a good position to enter Macau market

On Tuesday, Péter Szijjártó became the first Hungarian foreign minister to pay a formal visit to the special administrative region of China.

The foreign minister has highlighted how Hungarian premium quality products and services are in a good position to enter the Macau market.

Péter Szijjártó, Minister of Foreign Affairs and Trade, became the first Hungarian foreign minister to pay a formal visit to the special administrative region of China on Tuesday. He met the chief executive of Macau, Ho lat Seng.

During meetings, Minister Szijjártó noted that Macau is a leading player in terms of GDP per capita generated from high revenues in the tourism and casino sectors.

According to MTI, the minister said that when it comes to diplomacy, Macau’s leadership — like Hong Kong’s — appreciates Hungary’s policy of not interfering in its internal affairs or its relations with China.

Minister Szijjártó said Macau depends entirely on agricultural imports, adding that Hungary has vast opportunities to tap demand for beef, pork and poultry exports in the region. He added that as the world’s most densely populated region, Macau is interested in high-quality services such as water management and sewage treatment technologies that Hungary has great experience in.

Noting cultural cooperation, the minister said Hungarian artists and ensembles have been invited to perform in international cultural festivals and events in Macau, and in the area of education, Hungary and Macau have concluded a bilateral agreement on granting scholarships to each other’s universities.

Photo credit: hirado.hu