DELIVERY OF FINANCING FOR DEVELOPMENT DEMARCHE

UNCLAS BUDAPEST 000983 SENSITIVE SIPDIS EEB/IFD/ODF/KEMONOHAN; EEB/TPP; IO/EDA/JHARRIMAN; EUR/CE/JLAMORE E.O. 12958: N/A TAGS: EAID ECON EFIN PREL UN HU SUBJECT: DELIVERY OF FINANCING FOR DEVELOPMENT DEMARCHE REF: STATE 102765 ¶1. (SBU) On October 2, Econoff met with Ministry of Economy Bilateral (Non-EU) Relations Director Katalin Csorba and delivered reftel points. Csorba agreed that the Financing for Development (FfD) Outcome Document should be balanced and should be an accurate reflection of countries' economic policies. She noted that in Hungary, economic issues - even those taken up at the UN - are generally coordinated through the Ministry of Economy, in this case under State Secretary for International Economic Relations Abel Garamhegyi. Accordingly, she did not believe that internal coordination would be an issue for Hungary, but understood the importance of ensuring that countries coordinate their positions internally. NOTE: EB/TPP DAS Singh is scheduled to meet with Mr. Laszlo Varkonyi, Garamhegyi's Trade Policy Director during her trip to Hungary on October 14. Varkonyi will likely be interested in DAS Singh's thoughts on how she sees the negotiations proceeding in the UN prior to the Review Conference in Doha. End note. ¶2. (SBU) Director Csorba also indicated that she may be traveling to the U.S. during the first week of December, and that Minister for National Development and Economy Gordan Bajnai may be planning a visit to the U.S. in mid-January. Foley