HUNGARY SEEKS LONG-TERM TIES WITH AZERBAIJAN’S BUSINESS СIRCLES
Azerbaijan’s Ambassador to Hungary Hasan Hasanov particularly said in his opening remark that this economic forum would promote not only establishment of strong ties between Azerbaijan’s and Hungarian businessmen but also implementation of mutually profitable joint projects in the future.
Then, the forum was addressed by Azeri Deputy Minister of Economic Development Mikail Jabbarov and President of the Azerbaijan Investment and Export Promotion Foundation Emil Medjidov, who dwelled on the economic relations of Azerbaijan with its foreign partners and investment policy and opportunities in the country.
Deputy Director of the Department of Foreign Economical Relations of the Ministry of Economy and Transport of Hungary Miklos Ban described the economic achievements of his country, adding the Hungarian business is very interested in establishment of long-term mutually beneficial relations with Azerbaijan.
During the forum, the Azerbaijan Investment and Export Promotion Foundation and Hungarian Investments and Trade Development Agency signed a memorandum on cooperation, and the Azerbaijani company NJT 2000 signed with Hungarian firm Borsodchem Rt a memorandum on purchase from Hungary chemical products worth $10 million.
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