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The Government of the Republic of Serbia

In the service of citizens

Hungarian companies will invest €130 million in Serbia

Belgrade / Budapest, 18 December 2020

Minister of Foreign Affairs Nikola Selakovic stated today in Budapest that 24 Hungarian companies will invest €130 million in Serbia in the coming period.

At a joint press conference with Minister of Foreign Affairs and Foreign Trade of Hungary Peter Szijjarto, Selakovic thanked Hungary for giving an impetus to its companies to invest in the Serbian market and pointed out that this would further strengthen economic cooperation between the two countries.

He expressed special gratitude to Hungary for the support of our country in European integration and emphasised that today the voice of Serbia, through Hungary, is heard much louder in Brussels than before.

One day Serbia formally becomes part of the European family, Serbia will owe much to Hungary, he said.

The head of Serbian diplomacy pointed out that this support is visible at all levels of government, from the President of Hungary, through Prime Minister Viktor Orban, but also to all ministers in the government of Hungary.

Selakovic also mentioned that his visit to Hungary is the first visit to a neighbouring country, with which Serbia had built friendly relations from good neighbours in the previous period.

Today's meeting is an opportunity to establish those friendly relations and to talk about what binds us and what can bind us even more, said Selakovic.

He stated that during the meeting, they talked about energy and the need for Serbia and Hungary to be better supplied with gas.

Selakovic reminded that Serbia has completed the construction of its part of the gas pipeline from the Bulgarian to the Hungarian border, and expressed hope that Hungary will receive gas from the Turkish stream in two years, when it builds its part of the gas pipeline.

In that way, we will make our economies safer and better supply them with gas, and that will also affect the protection of the environment, said Selakovic and emphasised that Serbia will buy the gas that has the lowest price, but also the one that can reach our households most easily.

According to him, the topic of conversation was also infrastructure - construction of a high-speed railway from Belgrade to Budapest, which should contribute to a better flow of goods, greater competitiveness, but also more frequent, safe and fast travel for tourists.

We are convinced that the epidemic will not last forever and that Serbs and Hungarians will visit each other, that Hungarians will come to Belgrade and Novi Sad, but also south of Serbia, Selakovic pointed out.

The head of Serbian diplomacy also thanked Hungary for the help it provided to Serbia during the coronavirus pandemic, which is another in a series of examples of friendly and good mutual cooperation.

When it comes to national minorities, Selakovic expressed his belief that the Hungarian national minority in Serbia and the Serbian national minority in Hungary are one of the strongest links in the relationship between the two countries.

He said that he was proud that Hungarians in Serbia, as well as other members of national minorities, have all the rights guaranteed to the citizens of Serbia, and thanked Szijjarto and Prime Minister Viktor Orban for talking about it at all world forums, adding that this is for Serbia since of inestimable importance.

Also, Selakovic thanked Hungary for having a careful and caring attitude towards the Serbian national minority, and especially towards the Serbian Orthodox Church in Hungary.