Szijjártó said the Mongolia mining industry and dynamic agriculture continue to contribute to an economic growth rate of at least 10% over the past several years.
This rapid rate of economic growth has created a need for technological development, and Szijjártó sees this as a major opportunity to increase Hungarian technology exports to Mongolia.
Hungaryʼs Eximbank established a $48.8 mln credit line to fund bilateral trade, and agreed to launch a $5 mln joint credit line with Mongoliaʼs Golomt Bank, the minister added.
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