The agreement also further strengthens cooperation between the two countries in the areas of defense, and law enforcement, as well as in the fight against organized crime and terrorism.
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.
Minister Szijjártó said Brexit had been “a huge loss” and the damage arising from Brexit should be minimized.
The prime minister expressed his commitment to strengthening Hungarian-British relations.
Minister Szijjártó said British businesses make up the sixth-largest investor community in Hungary, with more than 800 companies employing some 55,000 people.
Minister Szijjártó said on Facebook after meeting Liz Truss, his British counterpart, that the talks were “another milestone” in building the two countries’ post-Brexit cooperation.
Minister Benkő said Hungary’s armed forces were strong thanks to the country’s military development program.
The British embassy said that 1,200 UK nationals have so far applied for residency but there are still many who need to do so before the deadline.
Prince Charles addressed the reception held in the Hungarian embassy on Monday evening via video, sending his best wishes to President János Áder and the Hungarian people in Hungarian.
Britain is Hungary’s sixth most important investor with 900 British companies employing more than 55,000 Hungarians.
The UK’s new Ambassador to Hungary, Paul Fox said the United Kingdom aims to strengthen its ties with Hungary as it leaves the European Union.
Paul Fox said the UK Embassy would continue to work with the Hungarian authorities to make sure that the rights of all UK nationals in Hungary are observed.
British Ambassador to Hungary Iain Lindsay ends his four-year term.