EU Commissioner for Trade in Budapest

Addressing a forum entitled 'It's about Europe, it's about you' at the Budapest Business School, European Commissioner for Trade, Cecilia Malström said the free trade agreements enable Europe to shape economic globalisation rather than passively suffering from it.

Before the forum, Malstrom paid a visit to the Hungarian Ministry of Foreign Affairs and Trade where she said she trusted Hungary would support CETA as this would bring “immediate economic benefits” for Hungary. She said there is a growing consensus on the pact and it is hoped it can be signed in October. As for the TTIP, she said efforts were being made to speed up negotiations which would be continued under the next US presidency.