First Investment in Turkey to Hungary from the Medical Sector

hungary the first investment in the medical sector turkiyeye
hungary the first investment in the medical sector turkiyeye

Industry and Technology Minister Mustafa Varank, specifying the medical sector to perform the first investment in Turkey to Hungary, "Medic firm, exports its products to Turkey, as well as Central Asia, by also exported to Middle East and African countries will create significant added value for our country. I see this investment as one of the turning points of the Turkish-Hungarian economic and commercial cooperation, which has great potential even though its numerical value seems small. said.

Hungary Foreign Affairs and Trade Minister Peter Szijjarto, Turkey, and emphasizing that take effective measures in the fight against the epidemic of Hungary, "This we have tough time in a very good solidarity exam and in both countries, help those who are in a difficult position than us, we extend a helping hand." used the expressions.

"CONSTANT REFLECTION"

The two country delegations, headed by Minister Varank and Hungarian Foreign and Trade Minister Peter Szijjarto, met at the Ministry. The two ministers press then held closed-door talks between the delegations of Turkey's direct investments in Hungary made an explanation. Ministers Varank, Hungary in the medical industry by thanking the Medici company to make its first investment in Turkey, "this investment, the Hungarian our friends to the economic potential of our country and political stability to hear that the trust would like to express that it is a concrete reflection." he spoke.

TRADE VOLUME WITH HUNGARY

Emphasizing that the fact that such an investment was taken in a period when the new type of coronavirus (Kovid-19) epidemic peaked in the world and the economies of the country shrank greatly, Varank emphasized that the economic and commercial cooperation of the two countries showed the point of close cooperation developed with the Hungarian government. He reported that the trade volume, which was 2001 million dollars in Turkey, has increased to approximately 356 billion dollars today.

COOPERATION IN THE MEDICAL INDUSTRY

During the meeting with Minister Szijjarto last year, Varank reminded that they agreed to increase cooperation in the medical industry sector and that the Turkish-Hungarian Medical Industry Strategic Cooperation Round Table Meeting was held in November. The meeting attended by Turkey's investment potential at the scene of the Medici firm who came to Turkey voicing Varank, "We testify together in the hope that production began in 2022. I already invite my dear friend Szijjarto to our country to open the factory together. " said.

TURNING POINT

Varank, Medic company of the investment is completed, giving a fraction of the information that plans to move to Turkey production in Hungary, "Medic firm, exports its products to Turkey, as well as Central Asia, by also exported to Middle East and African countries will create significant added value for our country. I see this investment as one of the turning points of the Turkish-Hungarian economic and commercial cooperation, which has great potential, even though its numerical value seems small. used the expressions.

"5. WILL BENEFIT FROM REGIONAL INCENTIVES "

Stating that the investment to be made in the organized industrial zone (OIZ) is also a cause for happiness for them, Varank stated that Medicor's investment in Ankara will benefit from the 5th Region incentives as it is in a priority sector such as the medical industry. Stating that the 2 industrial parcels in the Ankara Chamber of Industry 305nd Organized Industrial Zone where the investment will be made were allocated to the investors and 91 companies started their production, Varank stated that the factory projects in the other parcels are continuing and approximately 5 thousand people are employed in the parcels that start production.

TURKEY-EU RELATIONS

EU relations with Turkey and passed through a difficult period last year, while 2021 Varank indicating that the more positive start, "Kovid-19 outbreak revealed that countries need to work together again. once that Turkey and the EU cooperation in the interest of Europe more reapproved. Therefore, we especially welcome the constructive attitude at the EU Leaders Summit in December. We hope that this attitude will continue in the summit in March. Turkey is better prepared than ever and determined to deepen its cooperation with the EU. We hope you will be a year of renewed confidence in the Turkey-EU relations in 2021, but there are red lines and national interests in Turkey. The next process in the EU, taking into consideration Turkey's sensitivities in the region, ensuring peace and tranquility and cooperation for the strengthening of trade relations and we believe that dialogue should give more importance. " he spoke.

SZIJJARTO: "WE GET GREAT HELP FROM OUR TURKISH FRIENDS"

Hungary Foreign Affairs and Trade Minister Peter Szijjarto, textile raw materials required in the production of transferring a mask from Turkey as well as able to buy protective clothing for health care workers, he expressed the wish for the continuation.

Szijjarto, Turkey, and emphasizing that take effective measures in the fight against the epidemic of Hungary, "This we have tough time in a very good solidarity exam and in both countries, help those who are in a difficult position than us, we extend a helping hand." he spoke.

Drawing attention to the relationship between the two countries at the level of strategic cooperation, Szijjarto said, “We are working within the framework of mutual respect, civilized dialogue and alliance cooperation. We attach great importance to our relations with Turkey. " used the expressions.

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