Varga meets with Korean officials in Seoul

Varga Mihály

National Economy Minister Mihaly Varga met with South Korea’s trade minister Yoon Sang-jick and the governor of the country’s central bank, Kim Choong-soo, at the start of an official visit to South Korea.The talks with Yoon Sang-jick touched on the expansion of the two countries’ cooperation in the area of energetics, including nuclear energy, Mr Varga said. Ties could also be forged in the area of military technology, he added. Mr Varga also discussed broadening the financial cooperation between Hungary and Korea at talks with deputy prime minister and finance minister Hyun Oh-Seok. They also discussed what role Korean partners can play in financing Hungary’s debt, the economy minister said. Mr Varga will have breakfast on Tuesday with representatives of the governing party. Afterward, he will meet the head of the Korean Chamber of Trade and Industry and give a presentation to Korean business representatives on the outlook for the Hungarian economy. He will meet with the head of Samsung and Hankook later in the day. Both companies have big manufacturing bases in Hungary.