☆Korea signed an agreement on the establishment of the Korean-Hungarian Resident Representative on August 26, 1988, placed the Korean Permanent Mission to Hungary in Budapest on October 25, the same year, and established the Hungarian Permanent Mission to Korea in Seoul on December 7.
The following year Korea and Hungary officially established ambassador-level diplomatic relations on February 1, 1989, and on the same day, the resident representative was promoted to the embassy.
Hungary became the first communist country in Eastern Europe to establish formal diplomatic relations with Korea, and in November 1989, President Roh Tae-woo visited Hungary for the first time as a Korean president to sign an aviation agreement and tourism agreement.