Official name
HUNGARY
Form of government
Parliamentary republic
Capital
Budapest
Head of State
János Áder
Prime Minister
Viktor Orbán
Minister of Foreign Affairs
Péter Szijjártó
Date of establishment of bilateral relations
June 1921

Political relations

Bilateral relations between the Republic of Serbia and Hungary are substantial and very intensive.The positive trend in the development of relations was successfully crowned by joint sessions of the two governments held in Belgrade (1 July 2014), Budapest (1 July 2015), Niš (20 – 21 November 2016), Budapest (8 – 9 February 2018) and Subotica. (15 April 2019). During 2020, the Republic of Serbia was visited by the Prime Minister of Hungary V. Orbán, Minister of Foreign Affairs of Hungary P. Szijjártó and Hungary by the President of Serbia A. Vučić. In 2020, the Republic of Serbia was visited by the President of Hungary J. Áder, Minister of Foreign Affairs of Hungary P. Szijjártó and Hungary by the President of Serbia A. Vučić.

 

Economic relations

In the 2020, trade in the amount of 1.943.6 billion euros was realized, of which Serbian exports to Hungary amounted to 804.9 million euros (growth of 8.57%) and imports amounted to 1,138.7 billion euros (growth of 11.77%).Over the past ten years, the value of trade has increased by 86% Serbian exports have increased as much as 3 times, while imports have increased by 51%. In 2019, trade in the amount of 1,760.8 billion euros was realized, of which Serbian exports to Hungary amounted to 741.4 million euros, and imports 1,019.4 billion euros.Among the investments made by Hungarian companies in Serbia so far, the oil and gas distribution company MOL, Masterplast YU, Knott AutoflexYug, Mini Pani and Tisza Automotive stand out.

 

Bilateral agreements

The Republic of Serbia and Hungary have signed 146 bilateral agreements, of which we single out:

Memorandum of Understanding between the Government of the Republic of Serbia and the Government of the Republic of Hungary on the improvement of Serbia's integration into the European Union, signed: 10 June 2010,

Agreement between the Government of the Republic of Serbia and the Government of Hungary on mutual recognition of state-recognized public documents on the level of education issued in the Republic of Serbia and Hungary, signed: 15 April 2019,

Memorandum of Understanding between the Ministry of Construction, Transport and Infrastructure of the Republic of Serbia and the Ministry of Innovation and Technology of Hungary on the upgrade of the railway line between Subotica and Szeged, signed: 15 April 2019,

Agreement between the Government of the Republic of Serbia and the Government of Hungary on cooperation in the construction, management, maintenance, reconstruction and rehabilitation of the gas pipeline for the transport of natural gas crossing the state border, signed: 14 June 2019,

Memorandum of Understanding between the Ministry of Foreign Affairs of the Republic of Serbia and the Ministry of Foreign Affairs and Trade of Hungary on the joint use of the premises of diplomatic and consular missions of the two countries, signed: 18 December 2020.

 

Contact information

The Embassy of the Republic of Serbia in Budapest:http://www.budapest.mfa.gov.rs/

The Embassy of Hungary in Belgrade:https://belgrad.mfa.gov.hu/srb. 

Ministry of Foreign Affairs of the Republic of Serbia – Department for Neighbouring and South-East Europe countries (DNSEE).

tel. 00 381 (0) 113068280; e-mail:osz@mfa.rs.