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Foreign minister: Hungary wants strong economic relations with Turkey
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As an exporter, Hungary has a vital interest in boosting economic ties with Turkey, Péter Szijjártó, the minister of foreign affairs and trade, said on Wednesday.
Energy is the main pillar of Turkey-Hungary economic relations, Szijjártó told a press conference after the 6th meeting of the two countries’ economic joint committee.
He noted the opportunity to import gas from the south as well as deepening cooperation in the area of nuclear energy.
He said the Turkish Stream pipeline, soon to bring gas from Azerbaijan to central Europe, would enhance Hungary’s energy security.
Mustafa Varank, Turkey’s minister of industry and technology, said bilateral trade had grown by almost eightfold over two decades, and every effort was being made to reach annual turnover of 6 billion US dollars.
Szijjártó said cooperation on the use of nuclear energy was expanding and both sides attached great importance to peaceful applications.
He noted that Turkey plans to build dozens of reactors, adding that Hungary will help train professionals in the sector and share its nuclear expertise.
On the topic of expansion into foreign markets, he said Turkey could help Hungarian companies involved in farming, water management and security find viable partners in Africa.
Szijjártó said that thanks to the preparatory phase of a customs agreement, Turkish traffic going into the EU could make use of Hungary as a logistics base.