In the spring of 1992 in the Goethe Institute in Budapest, István Bart, President of the Hungarian Publishers’ and Booksellers’ Association signed an agreement of co-operation with Peter Weidhaas, world-famous Director of the Frankfurt International Book Fair, in order to launch the largest book fair of the Hungarian book industry. The plan was announced to the book world by Ferenc Mádl, then Minister of Culture, at an international press conference at the Frankfurt Book Fair in the autumn of that year: a cultural and professional forum of regional importance called the International Book Festival Budapest will be held in April 1994.