PHL, Hungary hold breakthrough online biz, matchmaking forum

LINK cochairs

FOLLOWING the success and ambition of Trade and Foreign Affairs Minister Péter Szijjártó’s October 2020 visit, as well as the successful second session of the Joint Committee on Economic Cooperation (JCEC) last December, the Embassy of Hungary staged “LINK”—the first Hungary-Philippines Online Business Forum and Matchmaking event from May 18 and 20.

The event served as a gateway for business opportunities between Hungary and the Philippines. LINK featured a business forum with high-level panelists and many well curated business-to-business meeting opportunities.

According to Ambassador Dr. Titanilla Tóth, “We are now turning words into action, finding and pairing the partners who will make these connections bear fruit.”

The embassy aims to be the one-stop shop for Hungarian and Philippine businesses looking for trade and investment opportunities.

The business forum featured senior official speakers from the Hungarian Export Promotion Agency, the Philippine International Trading Corp. (PITC), and co-chairs of the JCEC. Several firms will share their first-hand accounts in both countries’ markets to assist in the entry of newcomers.

The forum was followed by an online match making event organized jointly by the embassy, the PITC, Hungarian Export Promotion Agency, the Department of Trade and Industry, and Board of Investments. They will bring together enterprises from both countries to directly discuss their respective fields of interest.

According to Tóth, the embassy “is confident…the interest already demonstrated by Philippine and Hungarian companies will translate into a vibrant and successful event that will create [some sort of] a tradition for years to come.”

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