The Consulate General of Hungary Called for The Support of The ICI for Its Events Planned in Istanbul in Fall

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H.E. Balazs Hendrich, the new Consul General of Hungary to Istanbul, called for the support of the Istanbul Chamber of Industry (ICI) to advance the commercial and economic relations between Turkey and Hungary. On this note, H.E. Hendrich visited Erdal Bahçıvan, the ICI Chairman, and explained the activities they planned that involve both countries for the coming months and asked for help in terms of announcing these meetings and events to ICI members.

The Consulate General of Hungary plans four events in fall. First one coincides with Hungary Eximbank’s branch opening in Turkey and aims to inform the Turkish business community on the operations of Eximbank Hungary. The second important meeting will bring Hungarian delegations, representing various sectors and NGOs, to Turkey. In this context, H.E. Hendrich, asked for the help of the ICI to organize bilateral meetings between Turkish and Hungarian business people and industrialists. The third one will be a venture capital event, again planned for fall.  This meeting will address the topic of funding joint projects realized between the two countries.

Last but not least, the Hungarians would like to organize an event in Istanbul together with the investment support agencies. In the face of H.E. Consul General’s request from the ICI to establish a bridge between them and the ICI members, ICI Chairman Erdal Bahçıvan stated that they were ready and more than willing to support such initiatives that will enhance the bilateral trade and economic relations between two countries.

ICI Chairman Bahçıvan, during the meeting attended by the Vice Consul General Tamas Torma and the ICI General Secretary Melek Us, drew attention to the fact that the trade relations between two countries stand at $3 billion, much lower than its real potential and also to the advantage of Hungary. Bahçıvan expressed that a bilateral trade relation of $6 billion is feasible and that it should reach that level in a balanced way and that as the ICI they were ready to exert all efforts possible to improve the relations between two countries.