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 ongoing dimensional shift which places greater emphasis on the role of R+D and value-added, he said.

Fully 170 Japanese companies operate in Hungary, employing 35,000 people, Szijjártó said, noting that the government has signed strategic partnership agreements with six of them.

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Cover photo: MTI, Koszticsák Szilárd