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Budapest & Ningbo airports sign cooperation agreement

CHINA's Ningbo International Airport & Logistics Development Company and Budapest Airport in Hungary have signed a strategic cooperation agreement in Shanghai, which both parties hope will lead to the commencement of direct cargo flights between the two cities.

Hungary's Deputy Minister of Foreign Affairs and Trade, Dr Laszlo Szabo, held talks with the Vice Governor of Zheijang province and the mayor of Ningbo city this June, in Ningbo. During the meeting Dr Szabo welcomed the possibility of launching a direct Budapest-Ningbo link and cargo connection to strengthen economic and trade relations between Hungary and China, reported The List.



The leaders of Ningbo Airport previously visited Budapest, gaining information on development prospects in Central and Eastern Europe and opportunities for the launch of direct cargo flights.



"The signing of this strategic cooperation agreement is of great significance, it is in the interest of both Budapest Airport and Ningbo Airport to have a direct cargo flight between China and Hungary in the near future," said Property and Cargo executive director, Budapest Airport, Rene Droese, during the signing ceremony.



"This agreement foresees even broader cooperation. Budapest would be an ideal Eastern European logistics and distribution hub for Chinese exporters with the 1,000 kilometre catchment area of our airport including no less than 19 countries," he added.



Budapest Airport's air cargo volume increased by 7.6 per cent recorded end-October, compared to 2014 figures. Chinese cargo traffic is also growing dynamically, with the relaunch of the direct flight between Beijing and Budapest by Air China playing a key role. The flight operates four times a week, carrying 10-12 tonnes of cargo in the cargo hold of the airliner.



Almost the entire cargo capacity has been booked by Hungarian exporters transporting primarily electronics and pharmaceutical products to China, exceeding the volume of Chinese goods brought to Hungary by one quarter.



Ningbo International Airport handled 113,000 tonnes of air cargo in 2014, and plans to increase cargo volume to 500,000 tonnes by 2020.
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