Published May 19, 2021, 3:48 PM The Hungarian government has offered to provide $700-million in export financing to the Philippines to further boost trade between the two countries. István Joó, Deputy State Secretary for Export Development of the Ministry of Foreign Affairs and Trade of Hungary, announced the export financing facility on the first day of the 1st Philippine Hungary Online Business Forum and B2B Event. István Joó, Deputy State Secretary for Export Development of the Ministry of Foreign Affairs and Trade of Hungary. “The Hungarian Export Import Bank is open to financing export transactions to the Philippines of more than $700 million,” said Joo in a speech at the opening of the three-day online event.