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FM: Hungary will never discriminate against investors based on their country of origin

“There is only one requirement: investors must honor [local] laws and regulations,” said Péter Szijjártó, Minister of Foreign Affairs and Trade.

The foreign minister said Hungary’s government does not and never will discriminate against investors based on their country of origin.

“There is only one requirement: investors must honor [local] laws and regulations,” Péter Szijjártó, Minister of Foreign Affairs and Trade, said on Tuesday, attending Huawei European Innovation Day. The same principle applies even when the government is “under serious international pressure not to allow Huawei in,” he said, adding that “we are proud of Huawei’s investments in Hungary”. Active in Hungary for 15 years, Huawei was the first Chinese company to sign up as a government strategic partner, Minister Szijjártó noted. Cooperation with Huawei “is a clear sign of the government’s openness to innovation, new ideas, dialogue based on equality and mutual respect, and value-creating work”, he added. He noted that like in 2020, this year saw the highest amount of FDI coming from China, “as a result of the government’s Eastern Opening strategy”.

Photo credit: MTI