Hungary has officially reopened its Embassy office in the Kingdom after 25 years of closure in a bid to boost cooperation and ties between the two countries.
The move came as Hungarian Foreign Affairs and Trade Minister Péter Szijjártó paid a one-day visit to the Kingdom yesterday.
Speaking at the inauguration ceremony in the capital yesterday, Foreign Affairs Minister Prak Sokhonn said the event reflects the strength of the existing traditional relations of friendship and close cooperation between the two countries and people.
“I firmly believe that this inauguration will pave the way for new development partners to explore new areas for the mutual benefit of our people,” he said.
Sokhonn said Cambodia, through his ministry, will work closely with the Hungarian Embassy and will provide all the necessary cooperation and support to the office for its successful operation.
In a press briefing after meeting with Szijjártó in Phnom Penh yesterday, Sokhonn said that Hungary is one of Cambodia’s close friends and has extended assistance and support to Cambodia after the Khmer Rouge regime’s fall.
He said Hungary’s peacekeepers also served under the United Nations Transitional Authority in Cambodia.
“Hungary’s position on the Everything-but-arms (EBA)’s withdrawal process is another concrete example of a friend who understands us well and dares to raise their voice of support for fair treatment and to ensure that Cambodia’s march toward peaceful democracy and sustainable development continues unimpeded,” Sokhonn added.
“We are happy to reopen our representation here in Phnom Penh. 25 years ago the Hungarian government decided to close the embassy,” Szijjártó said at the press briefing.
“We believe in openings and this opening of our consular representation here will give a new impetus to our relationship. We are pretty sure about that,” he said.
Szijjártó said the Hungarian EXIM Bank has opened a credit line of $50 million to finance business to business cooperation between Hungarian and Cambodian companies.
Both sides yesterday signed an agreement on water management, civic aviation, and agriculture.
He said Hungary is interested in helping its companies to take part in the modernisation of Cambodia’s agriculture.
“And of course we are very interested in taking part in modernisation projects,” Szijjártó said.
He said the relationship between the two nations has been based on mutual respect.
“We are ready to serve as a bridge for the European Union-Cambodia cooperation where we do believe that political perceptions should not be confused with economic and trade reality,” he said when he met with Prime Minister Hun Sen.
Mr Hun Sen has visited Hungary twice, his last visit was paid last year, while Hungarian president János Áder also visited Phnom Penh last year.