Azeri-Hungarian joint economic committee meets in Baku


A plenary meeting of the Azeri-Hungarian joint economic committee took place in Baku on Tuesday, with minutes of the meeting were signed by Foreign Trade State Secretary Péter Szijjártó and Azeri Economy/Industry Minister Shahin Mustafayev. According to Szijjártó, construction and infocommunications would ensure bilateral trade between the two countries grows this year, citing road construction for the first European Games in Baku next year as well as talks on building a high-capacity data center.

Agreements were signed on Tuesday with Hungarian low-fare airline Wizz Air on the extension of an air travel agreement as well as with the management of the Budapest waterworks on cooperation in the area of water management. Further, from September, Hungary is offering 200 scholarships to Azeri students at Hungarian universities.

Preparations are underway on opening a Hungarian culture center in Baku and establishing a Hungarian language lectureship, Szijjártó said. He added that an agreement had been reached on cooperating in the area of animal health, noting that the Azeri government had approved the allocation of budget resources for the purchase of 10,000 Hungarian cattle.

A Hungarian-Azeri culture and gastronomy event will take place over several days in Baku in May.


Rate-setters Augur Faster Disinflation in Q2 - Minutes MNB

Rate-setters Augur Faster Disinflation in Q2 - Minutes

IMF Urges Hungarian Authorities to Carry out Structural Refo... Government

IMF Urges Hungarian Authorities to Carry out Structural Refo...

Motorway Vignette Sales Climb Over 15 mln in 2022 Transport

Motorway Vignette Sales Climb Over 15 mln in 2022

Nyugati Renovation Continuing City

Nyugati Renovation Continuing


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.