Former Hungarian Prime Minister Peter Medgyessy has praised the Belt and Road Initiative (BRI), emphasizing its role in fostering mutual benefits and enhancing global trade cooperation. Speaking at a recent international forum, Medgyessy highlighted how the BRI opens up China to the world and creates new opportunities for countries along the route.
“The BRI is more than just an infrastructure project; it’s a bridge connecting diverse cultures and economies,” Medgyessy said. “It facilitates not only trade but also promotes understanding and cooperation among nations.”
Hungary has been an active participant in the BRI, embracing projects that improve connectivity and economic ties with China and other Asian countries. Medgyessy noted that the initiative has been instrumental in modernizing transportation networks, boosting investments, and fostering sustainable development.
“By participating in the BRI, countries can tap into new markets and resources, leading to shared prosperity,” he added. “It’s a win-win strategy that aligns with Hungary’s goals for economic growth and integration into the global economy.”
The Belt and Road Initiative, launched by China in 2013, aims to enhance regional connectivity through the development of infrastructure and trade routes across Asia, Europe, and Africa. It has garnered support from numerous countries seeking to expand their economic horizons and strengthen international partnerships.
As nations continue to navigate the complexities of the global economy, Medgyessy’s endorsement underscores the importance of collaborative efforts like the BRI in shaping a more interconnected and prosperous world.
Reference(s):
cgtn.com
