FM Szijjártó: Comprehensive Free Trade Agreement After Brexit In Hungary’s Interest

  • 11 Jul 2018 10:02 AM
  • Hungary Matters
FM Szijjártó: Comprehensive Free Trade Agreement After Brexit In Hungary’s Interest
Hungary has a vested interest in a comprehensive free trade agreement between the EU and the UK after the latter’s exit from the bloc, Foreign Minister Péter Szijjártó said.

The minister said that without such an agreement, trade relations will be shaped by the World Trade Organisation’s regulations, which would significantly hinder economic cooperation between the EU and the UK after the latter’s exit in March 2019.

Hungary’s open economy relies on smooth cooperation with British investors and would suffer from all difficulties in that cooperation. The stability of the United Kingdom and its government is important not only for Hungary but the whole of Europe, Szijjártó said.

MTI Photo: KKM

  • How does this content make you feel?

XpatLoop Media Partner

Hungary Matters

Launched in January 2014, this twice-daily newsletter covers 'everything you need to know about what’s going on in Hungary and beyond', according to its publisher the state media agency MTI. Click the title above for more info, and to subscribe.

Explore More Reports

  • FM Szijjártó: No-Deal Brexit Would Hurt EU

    FM Szijjártó: No-Deal Brexit Would Hurt EU

    • 19 Oct 2018 4:59 PM

    A no-deal Brexit would seriously hurt the European Union’s remaining member states given that the United Kingdom is the bloc’s second and the world’s fifth largest economy, Hungary’s foreign minister told BBC News.

  • Gov't Spokesman: US Values Hungarian Policies

    Gov't Spokesman: US Values Hungarian Policies

    • 13 Oct 2018 9:01 AM

    The Hungarian government’s policies are increasingly understood and appreciated in the United States, Zoltán Kovács, the government spokesman, said at the end of a four-day official visit that included discussions at think-tanks and media outlets.

  • FM Szijjártó Urges ‘Deep, Comprehensive’ EU-UK Post-Brexit Agreement

    FM Szijjártó Urges ‘Deep, Comprehensive’ EU-UK Post-Brexit Agreement

    • 27 Sep 2018 7:43 AM

    Hungary is interested in seeing the “deepest and most comprehensive possible” free trade agreement between the European Union and the United Kingdom after the latter country leaves the bloc, Hungarian Foreign Minister Péter Szijjártó said at a meeting with his British counterpart in New York.