N

FM: UK investments in Hungary key for economic growth

British companies employ more than 50,000 Hungarians, Minister Szijjártó said on Facebook on Tuesday, adding that trade turnover between Hungary and the United Kingdom reached a record high-level last year.

Péter Szijjártó, Minister of Foreign Affairs and Trade, said UK investments in Hungary play an important role in maintaining Hungary’s economic growth.

British companies employ more than 50,000 Hungarians, Minister Szijjártó said on Facebook on Tuesday, adding that trade turnover between Hungary and the United Kingdom reached a record high-level last year. “We, therefore, welcome the Windsor Framework, which is an important step towards the full implementation of the trade and cooperation agreement,” the minister said. Minister Szijjártó called Brexit “one of the saddest stories” in the European Union’s history, saying Britain’s departure had left the bloc significantly weaker. “We have always argued in favour of the closest possible cooperation between the EU and Britain, which is of great importance amid the current security and economic conditions,” Minister Szijjártó said.