The “Silk Road” has been in the news a lot lately — the Chinese initiative to update the old trading routes from the Far East across the steppes of Central Asia to the Caucasus and Europe.

In the following excerpt from his recent remarks during the Silk Road negotiations, Hungarian Prime Minister Viktor Orbán talks about a new model of globalization that is replacing the old, worn-out one.

Many thanks to CrossWare for the translation, and to Vlad Tepes for the subtitling:

Video transcript: