Rat and Palo will meet with Chinese leaders in Budapest

 Hungary, Budapest, November 27, 2017 - Prime Minister Jüri Ratas and Minister of Enterprise and Information Urve Palo will meet with leaders of Central and Eastern European countries and the People's Republic of China in Budapest today and participate in the Business Forum. The ministers will send a business delegation on their visit.


11 countries of the European Union (Estonia, Latvia, Lithuania, Bulgaria, Czech Republic, Croatia, Hungary, Romania, Poland, Slovenia and Slovakia), 5 countries of the Western Balkans (Albania, Bosnia and Herzegovina, Montenegro, Macedonia and Serbia) and the People's Republic of China The so-called "16 + 1" co-operation in 2012. The cooperation will culminate each year with a summit that will take place in Budapest this time and will focus on increasing trade and transport cooperation.


"Relations between Estonia and China are good, but they could be closer. There is a lot of untapped potential for economic co-operation between Estonia and China, especially in trade, transport and transit. The 16 + 1 meetings offer a good opportunity to intensify co-operation, "said Prime Minister Ratas.


Prime Minister Ratas will meet with Chinese Prime Minister Li Keqiang at a summit to discuss cooperation opportunities in transport and logistics.


The Minister for Enterprise and Information Technology Palo signs in Budapest three declarations of common e-commerce intentions with the People's Republic of China. " Online shopping with China is still a rising trend," Palo said. "Estonia is able to provide good and economical solutions for the development of Chinese goods with advanced logistics capabilities, for example, Omniva's growing volumes from China," he added.


Prime Minister Ratas will meet with his Hungarian counterpart Viktor Orbán in Budapest to discuss the current state of play of the presidency of the European Union and the links between the two countries and the relations between Estonia and Hungary. In addition, meetings with the Serbian Prime Minister Ana Brnabic and the head of the Montenegrin government, Duško Marković.


The business delegation accompanying the ministers includes Estonian Piano Factory, EVR Cargo AS, Pagaripoists OÜ, Sillamäe Port and Eesti Energia AS representatives.


Prime Minister Ratas will move tomorrow from Budapest to the European Union-Africa summit in Abidjan, Côte d'Ivoire. Following the EU-AL summit, Prime Minister Ghanat will visit. In Côte d'Ivoire and Ghana, the prime minister will send a business delegation.


Prime Minister Ratas will return to Estonia on December 2.

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