In the current crisis situation, predictable cooperation based on mutual respect with neighboring countries is even more valued, so the Hungarian-Slovenian relations are also extremely beneficial for both parties, said Minister of Foreign Affairs and Trade Péter Szijjártó.

According to the ministry's announcement, the head of the ministry emphasized at a press conference in Budapest together with the Slovenian Minister of Economic Development and Technology Matjaz Han (pictured above) that the skyrocketing prices due to the war in Ukraine and the sanctions threaten a recession in Europe, so it is important to discuss the development of economic cooperation.

Péter Szijjártó praised the relationship between Hungary and Slovenia , which he said they intend to make even closer, and will mutually support each other's investments, as they can significantly contribute to maintaining economic growth.

As he said, all the foundations were laid for this, since bilateral trade turnover almost reached three billion euros last year, and its value increased by 30 percent in the first six months of this year, so another record is expected in 2022.

Some large Hungarian companies have now become serious regional players, so for example the investments of Mol, OTP and WizzAir in Slovenia also promise success; the former two companies will be the second largest market players in their segment, while the latter is working on establishing a base in Ljubljana - emphasized Péter Szijjártó.

He also mentioned that an international test environment for self-driving cars will be created in Zalaegerszeg–Graz–Maribor

He emphasized that the cooperation also contributes to the energy security of the two countries, as the pipeline connecting the electricity networks has been in test operation since June, and so far no problems have arisen, so it will be possible to switch to normal commercial operation from the end of the year.

He welcomed the fact that a regional electricity exchange with the participation of Serbia

The full article of Magyar Nemzet can be read here.

Photo: Tibor Illyés