Péter Szijjártó, Minister of Foreign Affairs and Trade, said that since the introduction of European Union restrictions in 2015, trade between EU member states and Russia increased by 16 percent.
The minister noted that German exports rose by 21 percent and French exports by 44 percent. Had the government not pursued foreign policies based on national interests and instead yielded to pressure, Hungary would have been much less successful in the fight against the pandemic, in guaranteeing energy security, and achieving economic success, he said. Hungary-Russia trade increased by 51 percent last year and Hungarian exports rose by 15 percent, exceeding USD 2 billion, he added. The production value of the Hungarian chemical industry increased by 41 percent last year, reaching HUF 7,000 billion, and the sector currently employs almost 95,000 people, he added.
Photo credit: Facebook/Szijjártó Péter