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China-proposed BRI "clear success": Hungary central bank governor

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STORY: China-proposed BRI "clear success": Hungary central bank governor
DATELINE: Sept. 28, 2023
LENGTH: 00:01:12
LOCATION: Budapest
CATEGORY: ECONOMY

SHOTLIST:
1. various of a seminar marking the 10th anniversary of the BRI
2. Gyorgy Matolcsy, governor of National Bank of Hungary, speaking
3. various of BRI projects
4. various of Matolcsy speaking
5. various of views in Hungary

STORYLINE:

Gyorgy Matolcsy, governor of the National Bank of Hungary (MNB), said that the China-proposed Belt and Road Initiative (BRI) has been a "clear success" over the past decade.

SOUNDBITE (Hungarian): GYORGY MATOLCSY, Governor of National Bank of Hungary (MNB)
"In the past 10 years, the BRI was a straightforward success, a clear success. The first 10 years were a very good foundation that provided the infrastructure and also provided the opportunity for a lot of countries to build their first roads, rail lines, ports and harbors towards other countries. These 10 years have been about infrastructure development and also the development of economic and financial ties."

The central bank chief made the remarks at a seminar marking the 10th anniversary of the BRI co-organized by the Chinese Embassy in Hungary and the MNB on Monday.

He said Hungary is the first European country to sign a BRI cooperation agreement with China. Budapest will continue to pursue its "Opening to the East" policy and will align it closely with the BRI to promote Eurasian cooperation and achieve mutual benefits and win-win results.

Xinhua News Agency correspondents reporting from Budapest.
(XHTV)

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