Meeting held at Ministry of Economy

There are great opportunities for strengthening relations between Azerbaijan and Hungary in energy, industry, transport, information technology, agriculture, trade, education and other fields, and necessary measures are being taken to realize this potential.

 

The delegation led by Minister of Economic Development of Hungary Marton Nagy, who is on a visit to our country, has honored the memory of national leader of our people Heydar Aliyev at the Alley of Honor and laid a wreath in front of his monument. The delegation, that arrived at the Alley of Martyrs, has laid a wreath in front of the "Eternal Flame" monument, commemorating the heroes of the Motherland who died in the struggle for the independence and territorial integrity of Azerbaijan.

Minister of Economy Mikayil Jabbarov has met with Minister of Economic Development of Hungary Marton Nagy.

The development of Azerbaijan-Hungary relations, the important role of the mutual visits of the heads of state and government, the meetings held within the framework of the official visit of President of the Republic of Azerbaijan Mr. Ilham Aliyev to Hungary in January 2023 in strengthening cooperation were emphasized at the meeting. The mutual interest in expanding the partnership between the two countries is indicated by the fact that Azerbaijan-Hungary trade turnover is increasing and beneficial investment cooperation is being implemented.

The trade turnover between Azerbaijan and Hungary is increasing, and profitable investment cooperation is being carried out, which indicates mutual interest in expanding the partnership between the two countries. It has been stated that there are great opportunities for strengthening relations in energy, industry, transport, information technologies, agriculture, trade, education and other fields, and Azerbaijan is taking necessary measures to fulfill  this potential.

Minister of Economic Development of Hungary Marton Nagy, has spoken about the significance of the projects implemented by Azerbaijan in ensuring the energy security of Europe, and shared his views on the expansion of economic and trade relations.

Issues of mutual interest, including the prospects for cooperation in the field of energy, as well as the possibilities of Hungarian investments in the financial sector have been discussed at the meeting.