Azeri-Hungarian joint economic committee meets in Baku

History

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.

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