Hungary offset the Russian embargo with new markets

By: trademagazin Date: 2016. 02. 01. 11:40

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Hungary successfully offset the Russian embargo on the Hungarian agricultural and food products by exploring new markets – Budai Gyula, Ministerial Commissioner of the Ministry of Foreign Trade and Foreign Economic told MTI.

Budai Gyula reminded that Hungary right after the Russian embargo has begun in September 2014 has taken steps to find new markets for the Hungarian agricultural and food products. In this spirit, Hungary has broaden its agricultural trade relations in the Western Balkans, with the South East Asian and Far Eastern countries and China. (MTI)