February 17, 2005
U.S. - Hungarian Hi-Tech Development Project Agreed On

 

The Plenary Session of the Euro-Atlantic Action Commission was held in Washington, D.C., on February 17, 2005. The US-Hungarian High Technology Development Project is one of three major initiatives the Euro-Atlantic Action Commission has agreed upon for 2005.

The Hungarian Government's representative, Dr. Ilona Vass, Vice President of the National Office for Research and Technology, gave an account of recent reorganization of the Hungarian innovation system and the Hungarian expectations regarding the High Tech Project.

The U.S. coordinator of the Action Commission activities, the Center for Strategic and International Studies (CSIS), organized a separate session with the Hungarian delegation to discuss the details of our common project with a view to developing cooperation for the advancement of high technology and increasing joint research and investment in the areas of IT, biotechnology and pharmaceuticals.

A conference on the results of bilateral work teams will take place in Budapest in June 2005.