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Endorsements

REPUBLIC OF HUNGARY
MINISTRY OF ECONOMIC AFFAIRS
1055 Budapest, Honvé u. 13-15
V-2/1780/2000.

Peter Meisen
President
Global Energy Network Institute
San Diego

Budapest, 10 August 2000.

We have received Your letter to Mr. Viktor Orban, the Prime Minister of Hungary on the proposal for the UN Millennium Assembly.

Hungary -- as associated country to the European Union -- has committed itself to the creation of an efficient energy market functioning as an integrated part of the single European energy market. We realise, that the society and the economy are dependant on the energy infrastructure. Energy is a determining factor in the economy's competitiveness, has a major influence on living standards, social welfare, and environment. Hungary makes considerable efforts to liberalise it's electricity industry. The new act on the liberalisation of the electricity industry has been submitted to the Hungarian Parlianment this year.

Hungary is the associated member of theUCTE (Union for the Coordination of the Transmission of Electricity), the member of CENTREL (Regional Group of the four Central-Eastern European System Operators), and is interconnected to the neighbouring countries. We consider the interconnection of electricity grids highly essential.

Hungary commits itself to make the fullest possible contribution and support to Your goal, and planetary strategy.

        Yours sincerely,
        Andras Vinkovits


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