China’s Role in Hungarian Foreign Policy

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Series Details No. 71, July 2017
Publication Date 21/07/2017
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The Polish Institute of International Affairs is an analytical institution established by an act of Parliament in 1996 to carry out research and provide expertise in international affairs. PISM disseminates information on contemporary international issues and maintains contacts with academic and political centres in Poland and abroad. The Institute runs courses for public servants, maintains a library (open to the public; 165,000 books and journals), organises conferences, and publishes books, periodicals and documents on Polish foreign policy and international matters.

The funding for PISM comes from the budget. The director is appointed by the prime minister for a term of five years, following consultation with the minister of foreign affairs. The minister supervises the Institute and appoints its advisory council, which includes a representative of the President of the Republic of Poland, academics and officials.In May 2017, China raised bilateral relations with Hungary to a comprehensive strategic partnership. Hungarian involvement in China’s Belt and Road Initiative (BRI) is part of Prime Minister Viktor Orbán’s foreign policy approach aimed at increasing access to eastern markets, attracting foreign direct investment, and further strengthening economic cooperation with China. However, so far, the cooperation has not had the intended effect. New Chinese FDI in Hungary has decreased significantly in the last few years and nothing indicates a reversal of this trend.

Source Link http://www.pism.pl/publications/bulletin/no-71-1011
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