Budapest, 1 March 2018 Press release

Foreign Minister Karin Kneissl in Budapest for working discussions

"Hungary, our neighbour, is naturally a key partner for Austria. Further expanding our economic cooperation is particularly important to both sides," said Karin Kneissl.

Foreign Minister Karin Kneissl travelled to Hungary on 1 March 2018.

Relationships with neighbouring states are always especially important. Hungary has traditionally been an important neighbour to Austria with a variety of connections, from the economy and science to culture and tourism,

the Foreign Minister said on her arrival in Budapest.

Following a discussion with Austrian business representatives in the morning, Kneissl met with Minister of Foreign Affairs and Trade, Péter Szijjártó, in the Hungarian Ministry of Foreign Affairs and Trade. During an exchange of views regarding key issues for Austria's upcoming presidency of the EU, the two ministers discussed topics such as subsidiarity, security, migration, the Western Balkans and digitalisation.

During the press conference afterwards, Foreign Minister Kneissl emphasised Austria's close economic cooperation with Hungary. "Austria is Hungary's second largest trading partner and its third largest investor. Almost 3,000 Austrian companies operate a subsidiary in Hungary, and they employ an annual average of over 80,000 workers. However, transparency and legal certainty are vital to the success of Austrian enterprises in Hungary," Karin Kneissl said. Both sides referred to the importance of expanding cross-border collaboration in the areas of transport and infrastructure, and expressed interest in strengthening their cooperation on green technologies and autonomous driving.

After the working discussion in the Ministry of Foreign Affairs and Trade, Foreign Minister Karin Kneissl met with Làszló Kövér, Speaker of the National Assembly, and Zoltàn Balog, Minister of Human Capacities. Before returning home to Vienna by train, Foreign Minister Karin Kneissl gave a lecture at Andrássy University Budapest on the topic of "The return of geography".



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