On Monday in Beijing, Prime Minister Viktor Orbán had talks with the Prime Minister of China with whom he signed ten economic agreements, the Hungarian Prime Minister reported in a video posted on his Facebook account. 

Mr Orbán said the third major conference of the Belt and Road Initiative is being held in Beijing with the attendance of the representatives of 130 countries, including 20 heads of state and government. 

After 2017 and 2019, Hungary was invited to this event again. We were happy to accept the invitation as China is an important business partner for us, he added, highlighting that this year Chinese companies are the biggest foreign investors in Hungary. 

By Mr Orbán’s account, on Monday they began talks with the Chinese Prime Minister, and they signed ten agreements of a business nature, following which they had talks with the executives of the two largest Chinese banks. 

The Prime Minister said the world had reached a crossroads; the main question concerns what we should opt for: war or peace; isolation or cooperation. 

He indicated that Hungarians know isolation only too well, and they know what it entails: impoverishment and a constant threat of war. 

By contrast, we are working on the expansion of our economic relations, equally towards the East and the West. I’m convinced that this is the only way to preserve Hungary’s competitiveness and security. This is why we are here in China, and this is what we will talk about in the coming days,

he stressed. 

On Sunday, the Prime Minister travelled to Beijing where he will attend the third summit of the Belt and Road Forum, and will conduct official talks with the leaders of China.