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FM Péter Szijjártó in Beijing: The construction of the Belgrade-Budapest interstate railway line can start soon

Thursday, September 3, 2015


Hungary has received the Belgrade-Budapest rail line financing offer from the Chinese side and negotiations on the implementation of the project have already started said Foreign Minister Péter Szijjártó in Beijing after meeting China's Foreign Minister Wang Yi on Wednesday.

"Both governments are determined to sign all necessary contracts regarding the rail line construction in November in Beijing during China-Eastern-Europe summit" Szijjártó said.

The Hungarian foreign minister pointed out that in recent years, Hungary has become China's bridgehead in Central Europe.

Szijjártó remarked that Hungarian food exports to China in the first half of this year has increased seven-fold over the same period last year; and soon, more food exporting companies will receive licenses to export to China in accordance with previous agreements.

Chinese companies' investments abroad in the next 5-6 years may reach one trillion dollars, and all signs indicating that Hungary is treated as a priority target country by Chinese companies said the Hungarian foreign minister adding that "we will soon announce a new major Chinese investment in Hungary."

The minister remarked that as an important step forward in October, the Bank of China opened its third European RMB clearing center in Budapest to promote the use of the Chinese currency in trade between China and Europe.

On Thursday, Szijjártó will attend the 70th anniversary of the end of World War II commemoration event and the following military parade in Beijing; later, Szijjártó will meet Chinese Vice President Li Yuanchao.

The grand parade in Beijing will be attended by world leaders of dozens of countries, among others, the Russian, South Korean, Egyptian, South African and Kazakh presidents.

(MTI – hungarianambiance.com)

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