Hungary is a strategic partner of Serbia in support of EU accession and investments

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We are grateful to Hungary for the continuous support it provides to Serbia in the process of European integration, and especially to Minister Peter Sijart and officials who point out that Serbia must join the EU as soon as possible, said Minister of Economy Andjelka Atanaskovic in Budapest today.

The Minister and Minister of Foreign Affairs and Trade of Hungary, Peter Sijarto, chaired the 12th session of the Joint Commission for Economic Cooperation, which was successfully completed today in Budapest, the Ministry of Economy announced.

Atanaskovic assessed that the session is of great importance, and that the goal of the commission is to provide institutional support to the business environment, identify and remove possible obstacles and enable business communities to optimize their business potentials.

She assessed that bilateral economic relations with Hungary, which is a strategic partner of Serbia, are very developed in the economic sense.

She added that they are based on joint infrastructure projects, growing Hungarian investments in the Serbian economy and trade, which is recording continuous growth.

Hungary is Serbia’s sixth trading partner

The statement states that last year, Hungary was the sixth trade partner of Serbia, ie the third among EU countries.

With satisfaction with the very successful and constructive cooperation within the Joint Commission, Sijarto pointed out that despite the great successes, we should work on improving the cooperation.

He said that the Hungarian government continues with the development program in Vojvodina, within which 16 Hungarian companies received support of more than 56 million euros.

He pointed out the great importance of infrastructural cooperation, especially through the lines Subotica – Szeged, ie Belgrade – Budapest, which he expects to be completed by 2025.

He also pointed out the importance of establishing the so-called green corridors at the border crossings, and announced that additional terminals for freight traffic would soon be opened at the Horgos and Kelebija border crossings, and that a new X-ray device would be installed.

After the session, the two ministers signed a protocol defining further steps to improve cooperation, Euronews reports.