Serb Natlfed

Main Menu

  • Home
  • Serbian finance
  • Serbian banks
  • Serbian economy
  • Serbian loans
  • Financial affairs

Serb Natlfed

Header Banner

Serb Natlfed

  • Home
  • Serbian finance
  • Serbian banks
  • Serbian economy
  • Serbian loans
  • Financial affairs
Serbian economy
Home›Serbian economy›Hungary and Serbia had the most successful response to the pandemic

Hungary and Serbia had the most successful response to the pandemic

By Corey Owens
June 5, 2021
0
0


[ad_1]

Hungary and Serbia have put in place the most successful economic and healthcare responses to the coronavirus pandemic and the economies of both countries have remained strong, said Foreign Minister Péter Szijjártó mentionned Friday.

Szijjártó said after a meeting of the Hungarian-Serbian Joint Economic Committee in Belgrade that neither Serbia nor Hungary “saw the vaccine issue as an ideological or geopolitical issue but as a tool to save lives.”

Thanks to the successful vaccination programs, the two countries have recognized each other’s vaccination certificates since the end of April, allowing citizens to move freely between the two countries, he said.

Szijjártó said that while world trade fell 9 percent last year, trade between Hungary and Serbia increased 3 percent, and another 16 percent increase was reported this year.

Thanks to successful vaccination programs, the economy can now change direction, he added.

Related article

FM Szijjártó: Hungary’s pandemic response is the most successful in Europe

FM Szijjártó: Hungary's pandemic response is the most successful in Europe

Hungary’s timely steps to purchase vaccines have enabled it to put in place the most effective response to the coronavirus pandemic among all European countries, Foreign Minister and Trade Minister Péter Szijjártó said during of a break during a meeting with his EU counterparts in Brussels on Thursday. “The reason why we are in first place […]continue reading

“The investments of Hungarian companies in Serbia are at an unprecedented level and the successes of these companies in Serbia contribute to the further growth of the Hungarian economy,” he said.

With this latest acquisition, OTP has become the second largest player in the Serbian banking sector and oil and gas company MOL has a 20% stake in the fuel market, with Hungarian companies’ interest in Serbian investment opportunities remaining strong. , he added.

He said the Hungarian government has provided 20 billion forints (57 million euros) in support to 16 Hungarian companies for making investments in Serbia following the pandemic, and that an economic development program for Vojvodina helps more than 14,000 companies.

He said he had agreed with his Serbian negotiating partner during the visit to Belgrade to further expand ties between the two countries and facilitate border crossings. A rail service between Szeged and Subotica (Szabadka) will be operational next summer and a border post in Hercegszántó will be suitable for the transport of goods, he added.

He noted that an agreement was signed Thursday in St. Petersburg regarding long-term gas supplies from Russia and added that this would mean that large volumes of gas deliveries would be received from Serbia’s leadership in from the end of this year.

He reiterated the position that the European Union needs Serbia and the countries of southern central Europe to join the bloc.

Related article

Minister of Foreign Affairs: Time to open new chapters on EU membership with Serbia

Minister of Foreign Affairs: Time to open new chapters on EU membership with Serbia

The European Union and Serbia have a mutual interest in the latter joining the bloc, and the time has come to open a new chapter of membership, Foreign Minister Péter Szijjártó said on Wednesday. Meeting with Prime Minister Ana Brnabic and Jadranka Joksimovic, Minister for European Integration, in Belgrade, Szijjártó said that the lack of membership […]continue reading

“Europe has both economic and security interests in welcoming Serbia as a full member of the EU and we will not stop demanding that the EU make sufficient efforts for integration from Serbia, ”he said, adding that the Western Balkans migration route runs through Serbia. and the migration must be stopped.

Serbian Economy Minister Anđelka Atanasković told the press conference that political relations between the two countries were extremely good but there was always room for improvement.

Hungary has been one of Serbia’s top ten trading partners for years and the construction of the Belgrade-Budapest rail line will further contribute to this. She said it was one of the most important infrastructure projects and added that water management, transportation and environmental protection projects have also strengthened the relationship.

Related article

Hungary sends police units to Serbia and North Macedonia

Hungary sends police units to Serbia and North Macedonia

Hungary has sent new police units to help local forces patrol the borders in Serbia and North Macedonia, the national police said on Tuesday. The national police have assigned a 20-member unit to serve in Serbia and a 30-man contingent to serve in North Macedonia. They will work to help prevent a flow of […]continue reading

After the meeting of the Joint Economic Committee, Szijjártó and Minister of European Integration Jadranka Joksimović signed a letter of intent aimed at further strengthening bilateral relations and developing a capacity building program for the Western Balkans.

Featured photo via Péter Szijjártó Facebook page

[ad_2]

Related posts:

  1. China strengthens Balkan ties using Serbian universities
  2. Press review: the Pentagon plays the blame game on the Afghan flop and the eased Kosovo-Serbian tensions – Press review
  3. Austria opposes ‘decoupling’ EU trajectory between Albania and North Macedonia – EURACTIV.com
  4. Montenegro learns real cost of billion dollar China-backed road to nowhere
Tagseuropean unionlong termmillion eurosprime ministerwestern balkans

Categories

  • Financial affairs
  • Serbian banks
  • Serbian economy
  • Serbian finance
  • Serbian loans

Resent Posts

  • Wednesday, November 23, 2022 – La Minute Monocle
  • All 17 Man Utd first-team players set to feature in friendlies
  • Veterinary Telemedicine Company Dutch launches pet insurance in partnership with Pets Best | Company
  • Pančevo Jazz Festival 2022 (Serbia) – London Jazz News
  • The best mortgage finance stocks to buy right now

Archives

  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • Privacy Policy
  • Terms and Conditions