Serbia and Hungary nurture good-neighborly relations, creating a climate that has never been better when it comes to political relations and joint projects, and we have an excellent base for even better economic, trade, and investment cooperation, said Marko Čadež, the President of the Chamber of Commerce and Industry of Serbia (CCIS).
At the "Serbian-Hungarian Business Forum", which was held in CCIS as part of the 13th Joint Commission for Economic Cooperation between the two countries, Čadež emphasized that in difficult times it is necessary to have friends and good neighbors and to work on removing all barriers and connecting markets within the region, as well as bringing the economies of the Western Balkans closer to the European market.
"Joint infrastructure projects in the energy and traffic sector are very important because they will enable the supply of energy to citizens and the economy, as well as greater energy security and better traffic connections," said Čadež.
The President of the CCIS pointed out that Hungary is our gateway to the European market and that it is important to provide more "green corridors" at the border crossings of the two countries in order to enable lower business costs for businessmen.
"It is really something that is essential for our economy. There is a lot of space for investments and cooperation of our companies in sectors such as agricultural sector, processing industry, environmental protection, wastewater industry..." said Čadež.
He thanked Hungary for helping Serbia and the region in the process of European integration and advocating that the EU provided funds for the infrastructure construction in Serbia and Eastern Europe. He called on Hungary to support the initiatives of the Western Balkan business communities so that the region and Serbia are seen as a member of the single market. He proposed the organization of the "Open Balkan" Council in Budapest in the upcoming period.
Peter Szijarto, Minister of Foreign Affairs and Trade of Hungary and co-chairman of the Joint Commission for Economic Cooperation of Serbia and Hungary thanked Serbian businessmen for their great interest in cooperation with colleagues from Hungary. He announced even more intensive support for economic cooperation between the two countries and the organization of the "Open Balkan Initiative Council in Budapest.
Tomislav Momirović, Minister of Internal and Foreign Trade and co-chairman of the Joint Commission for Economic Cooperation of Serbia and Hungary pointed out that such meetings contribute to excellent bilateral and economic relations and pointed to the fact that Serbia's exports to Hungary in 2012 amounted to 245 million euros, while in 2022, exports to that country reached 1.5 billion euros. Imports from Hungary amounted to 727 million euros in 2012, while last year it reached 2.1 billion euros, Momirović said.
Serbian-Hungarian Business Forum gathered 120 participants from more than 70 Hungarian and Serbian companies. After the plenary part of the Forum, bilateral talks were held between Serbian and Hungarian companies from the construction, metal industry, ICT, and companies dealing with water treatment, waste, recycling, and composting, as well as from the fields of energy, pharmaceuticals, and healthcare industry.