The Institute for Foreign Affairs and Trade and the China-CEE Institute signed a Memorandum of Understanding in Budapest
The leading think tank of the People’s Republic of China, the Chinese Academy of Social Sciences (CASS) opened the China-CEE Institute on 24 April in Budapest which is the first independently registered Chinese think tank in Europe.
The newly established institution operates within the framework of the 16+1 Cooperation platform that was established in 2012 between China and the CEE countries. The new institution aims to advance people-to-people dialogue by organising field trips, joint research programs, conferences, seminars and lectures.
The bilateral and regional relationship with China plays a special role for the professional agenda of IFAT as it follows the Hungarian foreign policy priorities. IFAT is also a member of the 16+1 Think Tank Network and, furthermore, conducts an active collaboration with its number one Chinese partner, the CASS.
The objective of the Memorandum of Understanding, that was co-signed by the President of CASS, Huang Ping and by the Director-General of IFAT, Márton Schőberl, is to create mutually beneficial opportunities for both institutes which arise from the fact that the China-CEE Institute’s headquarter, which works on the deepening of the 16+1 Think Tank Network, is located in Budapest.