Estonia declared on Thursday that it has decided to close its embassy in Budapest, Hungary, by September 30 and transfer resources to other nations in an effort to enhance efficiency.

"The main reason is that our foreign service must be flexible. To be able to open new embassies when the need arises we must close some as our budget is not limitless," Estonian Foreign Minister Urmas Paet said in a press conference.

"Reviewing the economic figures, foreign trade and the number of consular cases we decided to that at this moment it is rational to close this embassy and use the resources elsewhere," he said.

Earlier Hungary announced a plan to close its embassy in Tallinn a few weeks ago, according the report by the Estonian Public Broadcasting (ERR).

Estonia opened an embassy in India last year and is planning to open a permanent representation in Brazil, in the wake of the Foreign Affairs committee of Estonian national parliament had approved a series of foreign policies on further development with Asian and Pacific nations. Endi

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