Further measures are needed to strengthen the competitiveness of agriculture
The strengthening of the competitiveness of Hungarian agriculture may offer solutions to many of the future challenges facing the sector, but this requires further action and support – Nagy István Minister of Agriculture said at a meeting of the Parliamentary Committee on Agriculture in Budapest on Tuesday.
The ministry leader emphasized that the ministry had been working on this decision in the past year.
Nagy István explained that agricultural output reached 2,720 billion HUF last year, while agricultural investment growth accelerated further in the first half of 2019, and expansion reached 17 percent. Agriculture accounted for 54 percent of the country’s foreign trade surplus in the first half of the year, with a surplus of nearly 1.17 billion euros. (MTI)
Related news
A new chapter in the development of Hungarian agriculture: HUF 475 billion in the name of sustainability and innovation
In accordance with the strategic plan of Hungary’s KAP (Common…
Read more >Bird flu has reached the counties of Békés and Jász-Nagykun-Szolnok again
The laboratory of the National Food Chain Safety Office (Nébih)…
Read more >10 percent more sunflower crops are expected in the EU this year
Oil World expects a worldwide sunflower seed harvest of 57.9…
Read more >Related news
Twenty years in the EU: how has Hungarian consumption changed?
On 1 May 2004 ten new member states joined the…
Read more >Carefree consumers? Considerable differences in the middle-aged camp
Although inflation receded, the income of middle-aged people did not…
Read more >18+! Will cola be next after the energy drink?
According to the new regulations coming into force in Hungary,…
Read more >