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North Korea’s Nuclear Threats Must Not Be Tolerated, Says Foreign Minister

Hungary Today 2023.10.12.

There are too many conflicts in the world at the same time, and this could lead to a more complex tragedy. North Korea must be prevented from posing a nuclear threat to anyone, stressed Péter Szijjártó after talks with the South Korean Foreign Minister, reports Világgazdaság.

North Korea must not be allowed to threaten anyone with the use of nuclear weapons, the minister said on his Facebook page. Péter Szijjártó noted that he had a telephone conversation with South Korean Foreign Minister Park Jin, with whom he reviewed not only bilateral cooperation issues, but also the serious challenges facing international security.

The global security situation has never been in such bad shape since the Second World War:

there are too many armed conflicts in the world at the same time, posing a threat not only to themselves but also beyond their own region,

the foreign minister emphasized. He added that the Korean peninsula is one such case, which is important not only for Koreans, but for the whole world.

In the telephone conversation, the two ministers confirmed their agreement that

North Korea must not be allowed to threaten anyone with the use of nuclear weapons, and Hungary will continue to speak out in international forums to this end.

A few days ago, news broke that North Korea might supply weapons to Russia. As Independent reports: “The North Korea-Russia border is seeing a sharp increase in rail traffic in likely signs of Kim Jong Un helping Russian president Vladimir Putin by supplying munitions.” The probable arms transfer was preceded by a meeting between the leaders of the two countries in a space center.

Szijjártó pointed out that bilateral economic cooperation is one of the guarantees that the Hungarian economy can remain on a growth path, with trade between the two countries increasing by 70 percent this year.

South Korean companies are among the top five investor communities in Hungary,

and are satisfied with the country’s investment environment and are making a series of decisions on new developments, capacity expansions, and job creation.

Fact

South Korea is an important player in the Hungarian economy: In 2022, the country was Hungary’s 13th largest trading partner and largest investor, while 130 Korean companies provide livelihoods for some 15,000 families in Hungary. One of the largest investments from South Korea in 2021, was SK Innovation’s investment in Iváncsa, southwest of Budapest, followed by W-SCOPE’s investment in Nyíregyháza, in the northeastern part of the country, in 2022. Furthermore, in 2022, the Hungarian Foreign Minister and his South Korean counterpart agreed to conclude the Investment Promotion and Trade Development Agreement, promoting further investment in Hungary. In addition, in September this year, it was announced that the battery factory Samsung SDI has made the largest ever research and development investment in Hungary with the financial support of the state.

Cooperation with South Korea Could Boost Development of Hydrogen Economy
Cooperation with South Korea Could Boost Development of Hydrogen Economy

South Korea is an important player in the Hungarian economy: in 2022, the country was Hungary's largest investor.Continue reading

Via Világgazdaság, Featured image via Wikipedia


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