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FM: Hungary is "a living example" of common sense leading to economic growth

The foreign minister said cooperation with the OECD had helped Hungary with enacting common-sense economic strategy decisions in recent years.

Péter Szijjártó, Minister of Foreign Affairs and Trade, said Hungary is “a living example” of how common sense allows for the implementation of a successful economic strategy that has allowed the country to maintain economic growth.

The foreign minister told a joint press conference with OECD Secretary-General Mathias Cormann on Tuesday that it was such a strategy that had made Hungary a “meeting point” for investments from the East and West where “every economic player has a chance for free and peaceful cooperation”. He said restoring common sense to thinking about the global economy required international organizations that promoted this way of thinking, adding that the OECD was such an organization. He said cooperation with the OECD had helped Hungary with enacting common-sense economic strategy decisions in recent years. “It is the OECD that represents common sense and normality in the international economy today,” the minister said, adding that the organization could be key in preventing the re-emergence of geopolitical blocs and maintaining connectivity in the coming years. Hungary therefore supports the OECD’s efforts, its enlargement, increasing its budget, as well as the secretary-general’s efforts in making the OECD “an even more successful international organization”, he said.