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Visegrád Four ministers sign Memorandum of Understanding on industrial policy cooperation
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Economy ministers of the Visegrád Group signed a memorandum of understanding on cooperating in the area of industrial policy in Budapest on Thursday.
The MoU was signed by Economy Minister Mihály Varga, Czech Deputy Minister of Industry and Trade Vladimir Bartl, Poland’s Deputy Minister of Entrepreneurship and Technology Marcin Ociepa, and Slovak State Secretary of the Ministry of Economy Rastislav Chovanec.
“It is our goal for the region to become a flagship for the development of robotic and artificial intelligence in the coming decade,” Varga said at the signing ceremony.
He said the MoU was about raising V4 industrial policy cooperation to a new level, creating a common platform for managing manufacturing-commerce links, as well as harnessing advances in digital technologies, Industry 4.0 and the spread of robotics, which, he added, require continuous flexibility at European and global level.
Varga said one aim was to increasingly converge V4 industrial policies via the spheres of automotive and mechanical engineering.
Many types of cooperation in specialist areas particular to the region’s strengths remain untapped, and production segments in the automotive industry can be shared, he added.