In May 2024, President Xi Jinping of China conducted a state visit to Hungary, leading to the formalization of a significant partnership termed the "All-Weather Comprehensive Strategic Partnership" between China and Hungary. During this visit, several crucial cooperation documents were signed or agreed upon by both parties to enhance bilateral relations and collaboration in various fields. These documents included agreements on Belt and Road projects, the establishment of joint laboratories, economic and trade cooperation zones, investment cooperation in green development, cultural exchange for the years 2025-2029, an agreement on peaceful uses of nuclear energy, cooperation in animal and plant quarantine, as well as protocols for exporting specific goods such as bovine semen and fresh cherries.
Furthermore, the visit also saw the signing of agreements related to supply chain cooperation between Chinese and Hungarian enterprises, film cooperation between the relevant authorities, news exchange, and cooperation agreements between media agencies, and a strategic cooperation agreement between China Media Group and Hungary's National Tourism Agency. These collaborations across various sectors highlight the depth and breadth of the relationship between China and Hungary, as both countries look to strengthen ties and foster mutual development through joint efforts and initiatives. President Xi Jinping's visit not only solidified diplomatic relations but also laid the groundwork for extensive cooperation in areas of common interest and strategic importance for both nations.
7 Comments
Aurora
The cultural exchange agreement could be used as a tool for China to spread its propaganda and influence.
Rotfront
Hungary risks becoming a pawn in China's geopolitical games by entering into this partnership.
Matzomaster
The overreliance on China for economic development makes Hungary vulnerable to political and economic pressure.
MegaMaga
The nuclear energy cooperation raises concerns about the proliferation of sensitive technologies and potential safety risks.
Gagarin
The lack of transparency and public consultation surrounding this deal raises serious concerns about democratic processes.
Raphael
The partnership strengthens Hungary's position within the global economy and opens new markets for its products.
Vladimir
Hungary should prioritize partnerships with democratic countries that share its values instead of authoritarian regimes.