Launch of the UK-Hungary Business Council with ten UK companies

Péter Szijjártó, Minister of Foreign Affairs and Trade, Róbert Ésik, President of the Hungarian Investment Promotion Agency, Ambassador Kristóf Szalay-Bobrovniczky and representatives of ten UK companies with an investment in and close ties to Hungary signed a memorandum of understanding on 19 October 2016 to launch the UK-Hungary Business Council.

The purpose of the UK-Hungary Business Council is to create a new framework for development of stronger business relations between the United Kingdom and Hungary. After the referendum it is of utmost importance to care for the implementation of reciprocal business and economic objectives as well as to sustain and further develop the excellent investment and trade relations. The members of the UK-Hungary Business Council are investors already present in Hungary (Tesco, BP, British American Tobacco, British Telecom, GSK, KPMG LLP, City of London Corporation, CP Holdings, International Personal Finance Plc, Maltacourt) as well as businessmen with close ties to Hungary.