News

The V4+Japan Framework: A New Mode of Cooperation or a Doomed Project?

2 April 2020
Biró Krisztina
Japan’s relationship with the V4 — Czech Republic, Hungary, Poland and Slovakia — has roots but hasn’t grown much. Much has been written about the reinvigoration of the Japan-EU relationship after signing the strategic and economic partnership in the last few years. But Japanese rapprochement to the EU does not end in Brussels. In recent […]
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First year of the EU-Japan Economic Partnership Agreement shows growth in EU exports

17 March 2020
Biró Krisztina
1 February 2020 marks the first anniversary of the entry into force of the EU-Japan Economic Partnership Agreement (EPA). In the first ten months following the implementation of the agreement, EU exports to Japan went up by 6.6% compared to the same period the year before. This outperforms the growth in the past three years, which averaged […]
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Carlos Ghosn Was Too Big Not to Fail in Japan

11 February 2020
Biró Krisztina
Mr. Ian Buruma, a writer of numerous books on Japan and a professor at Bard College discusses the downfall of Carlos Ghosn, the French-Lebanese-Brazilian former C.E.O. of the Nissan and Renault motor companies. "The fallen executive committed a cardinal, culturally unacceptable sin: hubris." Read the whole article here: https://www.nytimes.com/2020/02/05/opinion/carlos-ghosn-japan.html  
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Common Fabric of Spirit, Emotion and Virtue Bind Us Together

6 December 2019
Biró Krisztina
Prime Minister Viktor Orbán opened a large-scale exhibition featuring Hungarian and European artwork in the National Art Centre in Tokyo on Thursday. He said the exhibition is paying due tribute, through culture, to Japan and Hungary, two nations with long-standing cultural heritage and traditions. The prime minister thanked Japan for the 150 years of friendship between the […]
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Japanese Companies 7th Largest Investors in Hungary

6 December 2019
Biró Krisztina
Foreign Minister Péter Szijjártó on Thursday underlined the importance of the continued advancement of ties between Hungary and Japan. Japanese companies are the seventh largest investors in Hungary, with Japan being the largest investor from Asia, Szijjártó told Hungarian public media in Tokyo. Japanese firms have brought advanced technologies to Hungary that contribute greatly to the economy’s […]
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Foreign investment at record high in Hungary

25 November 2019
Biró Krisztina
Foreign investments have already reached a record level this year, with agreements concluded on 62 major investment projects, meaning the creation of some 9,682 new workplaces, Minister of Foreign Affairs and Trade Péter Szijjártó said at his annual hearing before Parliament’s Economic Committee. According to a report by government website kormany.hu, the minister added that […]
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Hungarian-Japanese relations have never been so good

25 November 2019
Biró Krisztina
“Diplomatic relations between Hungary and Japan, which boast a 150-year history, have never been as good as they are today”, Minister of Foreign Affairs and Trade Péter Szijjártó said in a telephone statement to Hungarian news agency MTI from Tokyo on November 6, 2019. “Hungary is maintaining the best ever relations with the world’s third […]
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Japan’s Toyo Tyre to invest 390 million euros in Serbia

2 August 2019
Biró Krisztina
Japanese car parts manufacturer Toyo Tyre has announced that it will establish a new manufacturing plant in Indjija, northern Serbia, with an investment of more than 390 million euros. “Toyo Tire is supplying tires for the European and Russian markets from factories in Japan and Malaysia. (…) The new manufacturing base in Serbia will take […]
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Japanese company Toray to realise 127-billion-forint investment in Nyergesújfalu

19 July 2019
Biró Krisztina
Japanese-owned Toray Industries Hungary Ltd. is constructing a plant for the production of the separator films used in lithium ion batteries in Nyergesújfalu, with an investment of 127 billion forints (EUR 389 million), Minister of Foreign Affairs and Trade Péter Szijjártó announced on Friday at the location of the new plant. Mr. Szijjártó told reporters […]
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