Binyamin Netanyahu
Binyamin NetanyahuReuters

Prime Minister Binyamin Netanyahu landed Monday in Budapest, the capital of Hungary, following his official visit to France.

Netanyahu's visit is the first such visit to Hungary by an Israel Prime Minister since the resumption of relations between the two nations after the fall of the Iron Curtain in 1989.

During his visit Netanyahu will meet with Hungarian Prime Minister Viktor Orban and his cabinet ministers. The two leaders will also sign a bilateral cultural agreement and a declaration of intent for mutual cooperation in the field of technical innovation.

The cultural agreement will allow mutual funding for cultural performances in each nation. Dozens of Israeli performances take place every year in Hungary through the existing cultural agreement and many more will be added under the new agreement, which will allow more artists, directors and artists to perform in Hungary and to expose Israeli culture to a Hungarian audience.

The declaration of intent to cooperate in technological innovation will lead to close collaboration between the Israeli Innovation Authority and its Hungarian counterparts, as well as promotion of Israeli-Hungarian entrepreneurs and startups.

Netanyahu will also meet with Hungarian President János Áder at the presidential palace, and with the leaders of the Visegrád Group, a consortium of Central European states, including Hungary, Poland, Slovakia and the Czech Republic.