UN General Assembly
1989

Adjustment to the increasingly complex world economic conditions is a serious trial for Hungary as well. Our rapidly advancing reforms are aimed at creating an open market economy based on the equality of types of property and at seeking integration into the world economy. For us to succeed in these efforts it is necessary to have a world economic environment based on mutually advantageous relations and on the principle of fulfilment in good faith of contractual obligations. We are firmly committed to being guided in our economic relations not by ideological and political considerations but by ensuring the priority of economic interests.