Hungary is opening a commercial and consular office in Sydney to boost its economic interests and “strengthen the cohesion” of Australia’s Hungarian community, Péter Szijjártó, minister of Foreign Affairs and Trade, has said.
According to MTI, the minister said that he had held talks with Australian trade and investment organizations, members of the European Australian Business Council and representatives of the local Hungarian community in Sydney.
Australia’s growing interest in central European investment may help prop up Hungary’s economic growth, he said, adding that Australian investors are mainly eyeing business opportunities in mining, water management and car industry logistics.
Minister Szijjártó and his Australian counterpart, Julie Bishop, agreed that Australia and the Visegrad Four, comprising Hungary, Czech Republic, Slovakia and Poland, would hold a “V4+Australia” summit meeting in Budapest during Hungary’s V4 presidency next autumn.