Hungary, Bulgaria to ink economic cooperation
Hungary and Bulgaria are expected to sign an economic partnership agreement and establish a joint economic committee, Hungaryʼs foreign minister Péter Szijjártó said today, according to reports.
Péter Szijjártó speaks at Hungarian-Bulgarian business forum today. (Photo: MTI/Tibor Illyés)
Speaking at the Hungarian-Bulgarian business forum held in Budapest today, the minister stressed that trade between the two countries grew 14% last year to €1.3 billion, including Hungarian exports valued at €955 million.
Szijjártó added that the Hungarian Eximbank will open a €370 mln credit line to encourage partnerships between Hungarian and Bulgarian businesses, news agency MTI reported.
The two countries could cooperate successfully in several areas and the development of bilateral economic relations could create opportunities for jointly entering third markets, Bozhidar Lukarski, Economy Minister of Bulgaria, said at the business forum, MTI reported.
Richter Shareholders Approve HUF 423/Share Dividend
Liz & Chain Rooftop Bar Debuts Sustainable Cocktails
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
