India and Hungary on Tuesday held talks on enhancing bilateral ties and trade as External Affairs Minister Sushma Swaraj met Hungarian Minister for Foreign Affairs and Trade Peter Szijjarto here.
The Hungarian minister's first is the first by a foreign minister from the European Union to India after the UK voted to exit the bloc.
Annual bilateral trade volume between India and Hungary stands at $600 million, with Indian exports at $385 million and Hungarian exports around $210 million.
Indian investments in Hungary are to the tune of $2 billion and 15 Indian companies operate in Hungary.
Szijjarto is scheduled to meet Vice President Hamid Ansari and Minister of State for Commerce and Industry Nirmala Sitharaman later on Tuesday.
Talks between the two sides are expected to focus on the Brexit vote and its fallout.
--IANS
ab/rn/mr
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app