December 19, 2023
1 min read

Hungary, Turkey Boost Ties

Earlier on Monday, Hungarian President Katalin Novak received Erdogan, and later in the day, they also held talks….reports Asian Lite News

Hungarian Prime Minister Viktor Orban and Turkish President Recep Tayyip Erdogan signed an agreement here elevating the bilateral ties to “priority strategic” level.

Orban on Monday told a joint press conference following the signing of the agreement that “in the language of diplomacy, this expresses the strongest possible friendly, brotherly and political cooperation”.

Speaking of bilateral economic ties, Orban said that the volume of trade in goods has doubled over the past 10 years, with 500 Turkish companies operating in Hungary and 100 Hungarian companies in Turkey, Xinhua news agency reported.

He added that Turkish investments in Hungary are continuously increasing both in number and value, extending to new areas, such as railway development and defence industry agreements.

Orban emphasised the importance of Turkey in Hungary’s security, especially in managing migration.

“Turkish-Hungarian relations are friendly, with long-standing roots, and both sides have the intention to expand them,” Erdogan said.

Earlier on Monday, Hungarian President Katalin Novak received Erdogan, and later in the day, they also held talks.

Seventeen agreements covering various areas were signed during the Turkish President’s visit. Beyond commerce, energy security took the forefront, with mutual agreements in natural gas transit and procurement. Turkey will become a source for Hungary’s natural gas purchases next year.

Erdogan concluded the visit by attending the opening concert of the joint Hungarian-Turkish cultural season.

ALSO READ: Nikki Haley Emerges as Top GOP Alternative to Trump

Previous Story

Hungary, Turkey Elevate Ties to ‘Priority Strategic’ Level with New Agreement

Next Story

Al-Sisi Wins 2024 Egypt Presidential Race

Latest from -Top News

Trump unhappy with deadly strikes on Kyiv 

The president said he is “putting a lot of pressure” on both sides to end the war in Ukraine, following the deadliest attacks Kyiv has seen since last July  President Donald Trump

Macron: ‘We Stand with India’

Macron said that France will stand together with its allies and would continue the fight against terrorism wherever necessary….reports Asian Lite News French President Emmanuel Macron on Friday spoke to Prime Minister

Pakistan Slams IWT Move as ‘Act of War’

Islamabad also said that India’s decision to suspend the Indus Waters Treaty (IWT) will be considered as an “act of war”…reports Asian Lite News The high-level emergency meeting of Pakistan’s National Security
Go toTop

Don't Miss

Turkey resumes full gas flow to industrial plants as Iranian supply restarts

Turkey’s state pipeline operator announced that the full flow of

Turkey relocates its embassy back to Kabul

Turkey officials informed that the country will not assist operations