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Hungary–Indonesia Relations
Hungary–Indonesia relations refer to bilateral relations between Hungary and Indonesia. The two countries established diplomatic relations in 1955. A Hungarian embassy was opened in Jakarta in 1957. In line to Hungarian "Eastern Opening" policy, and due to Indonesian political weight and market potentials, Hungary considered Indonesia as one of the most influential states in the ASEAN. While Indonesia sees Hungary as a potential market and a strategic entrance to penetrate the markets of Central Europe and Eastern Europe. Hungary has an embassy in Jakarta and honorary consuls in Bandung and Denpasar, while Indonesia has an embassy in Budapest. High level visits The first president of Indonesia, Sukarno, visited Hungary for the first time in 1960.Archived aGhostarchiveand thWayback Machine In September 2002, Indonesian President Megawati Sukarnoputri visited Hungary, while Hungarian Prime Minister Ferenc Gyurcsány paid a state visit to Indonesia in July 2005. In 6–7 March 20 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bilateral Relations
Bilateralism is the conduct of political, economic, or cultural relations between two sovereign states. It is in contrast to unilateralism or multilateralism, which is activity by a single state or jointly by multiple states, respectively. When states recognize one another as sovereign states and agree to diplomatic relations, they create a bilateral relationship. States with bilateral ties will exchange diplomatic agents such as ambassadors to facilitate dialogues and cooperations. Economic agreements, such as free trade agreements (FTA) or foreign direct investment (FDI), signed by two states, are a common example of bilateralism. Since most economic agreements are signed according to the specific characteristics of the contracting countries to give preferential treatment to each other, not a generalized principle but a situational differentiation is needed. Thus through bilateralism, states can obtain more tailored agreements and obligations that only apply to particular cont ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
