Hungary, Iran sign nuclear cooperation agreement
As expected according to earlier reports, Hungary and Iran signed a declaration of intent on cooperating in nuclear energy over the weekend, chiefly in the area of security, according to a report by state wire service MTI.
On behalf of Hungary, Deputy Prime Minister Zsolt Semjén signed the agreement, which is in line with International Atomic Energy Agency (IAEA) and European Union norms, according to Bertalan Havasi, who heads the Press Office of the Prime Minister.
Hungary is prepared to start talks with Iran on an investment protection agreement on the basis of a European Commission resolution, he added.
Cabinet Chief János Lázár last week confirmed a Tehran Times report that the two countries would be expanding nuclear cooperation by signing an agreement on April 8, Behrouz Kamalvandi, spokesman for the Atomic Energy Organization of Iran (AEOI), announced last Wednesday. The agreement was inked by Semjén and AEOI chief Ali Akbar Salehi.
Salehi said on Saturday that Hungarian banks were ready to fund joint power plant projects worth up to EUR 85 million, Iranian news agency Mehr reported, according to MTI.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.