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Budapest Times20 hours ago

Minister Szijjártó noted that Hungary's bilateral trade with Mexico had risen to over USD 2 billion in 2024, reaching a new record.

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FM: Hungary and El Salvador are fighting together against the liberal mainstream
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Budapest Times

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FM: Hungary and El Salvador are fighting together against the liberal mainstream

Minister Szijjártó said that the economic strategy of El Salvador, based on security and low taxes, sounded very familiar to Hungary. Péter Szijjártó, Minister of Foreign Affairs and Trade, said that despite the great geographical distance between Hungary and El Salvador, the two countries are fighting together a revolution of common sense against the liberal mainstream. Speaking in San Salvador on Thursday, Minister Szijjártó said that 'even though we are very far from each other, we are still fighting together a revolution of common sense against the liberal mainstream and woke ideology'. 'All of which offers an excellent opportunity for starting economic cooperation, with special regard to the beneficial circumstances that the government of El Salvador ensures for knowledge-intensive sectors built on innovative technologies,' he added. Minister Szijjártó said that the economic strategy of El Salvador, based on security and low taxes, sounded very familiar to Hungary. 'We have essentially agreed with Minister of the Economy María Luisa Hayem that Hungarian companies representing high technology standards have a place here. We have already gained a good reputation in the pharmaceuticals industry and the digitalisation of the building industry, so further important economic partnerships will develop,' he added. He also said that it had given special importance to his current visit that no Hungarian foreign minister had ever visited the Latin American country.

FM: Great opportunities for Hungarian companies in the Mexican market
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Budapest Times

time06-06-2025

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FM: Great opportunities for Hungarian companies in the Mexican market

Minister Szijjártó noted that Hungary's bilateral trade with Mexico had risen to over USD 2 billion in 2024, reaching a new record. Péter Szijjártó, Minister of Foreign Affairs and Trade, said there were 'great opportunities' for Hungarian companies in the Mexican market in Mexico City on Wednesday. 'Mexico wants to be among the ten biggest economies in the world, and to achieve that goal the country has launched development programs that offer an outstanding opportunity for success for Hungarian companies on the Mexican market, especially in the areas of water management, the food industry and the pharmaceutical industry,' Minister Szijjártó said in a statement released by his ministry. Minister Szijjártó noted that Hungary's bilateral trade with Mexico had risen to over USD 2 billion in 2024, reaching a new record, and highlighted the presence of Hungarian pharmaceutical company Gedeon Richter on the local market as well as Hungary's exports of chicks and medical equipment to Mexico. He added that Hungarian companies could capitalise on their references from the 2022 FIFA World Cup in Qatar when Mexico hosts the 2026 World Cup matches.

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