FM: Strong EU needed to defend against pandemics and migration waves

The foreign minister said the most important developments in the global economy and politics would be shaped by pandemics and migration waves.

The foreign minister said the EU needs investments, security and expanded markets in order to be strong enough to defend itself against pandemics and migration waves.
During a break in a meeting with his EU counterparts in Brussels, Péter Szijjártó, Minister of Foreign Affairs and Trade, said perilous times lie ahead for the bloc. He argued thatx To boost investments, the EU must keep taxes low and member states must pursue investment support schemes or risk losing out on high-tech investments to countries outside the bloc, he said, underscoring Hungary’s opposition to the introduction of a global minimum tax, saying it would lead to higher taxes and hurt the country’s competitiveness.

Meanwhile, Minister Szijjártó said the key to security was stopping migration waves. He warned that NATO’s withdrawal from Afghanistan could again increase migration pressure on Hungary, noting that already thousands of families were fleeing the central Asian country towards Europe each day. To prevent the emergence of new migration waves, the EU must settle all its unresolved questions concerning migration with Turkey and boost the bloc’s “lines of defense,” he added.