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Apr 25, 2019

PM Orbán: Hungary needs an open world economy

PM Orbán is in Beijing attending the second One Belt, One Road Forum and is also scheduled to meet Chinese President Xi Jinping

Prime Minister Viktor Orbán has said that Hungary is interested in having an open world economy.

“We, Hungarians need on open world economy,” PM Orbán said after meeting his Chinese counterpart, Li Keqiang in China. The prime minister added that the country will continue to pursue this economic policy and “will not yield to any outside or ideological pressure”.

PM Orbán is in Beijing attending the second One Belt, One Road Forum and is also scheduled to meet Chinese President Xi Jinping.

The prime minister said Chinese companies are playing a significant role in the modernization of the Hungarian economy, having so far invested US$4.5 billion in the country and urged the Chinese to keep up this level of investment.

PM Orbán also said that the One Belt, One Road initiative is an important factor in maintaining free trade and economic relations.

Chinese Prime Minister Li Keqiang praised the high level of Hungarian-Chinese economic relations and said it could further be strengthened in areas such as digitalization. He added the two countries’ economic ties could not only benefit major corporations, but small and medium-sized enterprises as well.