The Hungarian National Trading House and IPI have enjoyed a close working relationship since 2015 in promoting technology partnership opportunities between Hungarian and Singapore SMEs.

The Innotrade Program, recently launched by the Hungarian National Trading House helps Hungarian companies access global innovation. Synergistic with IPI’s role in connecting Singapore enterprises to innovation, both organisations have signed a Memorandum of Understanding (MOU) during Mr Victor Orban, Prime Minister of Hungary’s visit to Singapore to further strengthen cross-border technology transfer and collaboration.

The MOU was signed by Ms Zsanett Olah, CEO of the Hungarian National Trading House and Professor Lam Khin Yong, Executive Director of IPI.