Hungary, Kenya ink economic cooperation deal
During his visit to Nairobi yesterday, Hungary’s Minister of Foreign Affairs and Trade Péter Szijjártó signed a declaration of intent for an economic cooperation agreement that is expected to be signed by Hungary and Kenya later this year, according to reports.
Hungary’s Minister of Foreign Affairs and Trade Péter Szijjártó and Kenya’s Minister of Industry Adan Mohammed at a meeting in Kenya yesterday. (Photo: MTI/Ministry of Foreign Affairs and Trade)
During an interview with Hungarian news agency MTI yesterday, the minister said opportunities in Kenya can be of interest for Hungarian businesses in the areas of transport, water management, farm technology and medical equipment.
Szijjártó said that the Hungarian Eximbank opened a $70 million credit line to support future partnerships between Hungarian and Kenyan companies, MTI reported. The minister added that Hungary offered 50 scholarships to Kenyan students at Hungarian universities, according to MTI.
ADVERTISEMENT
Slovenia Inflation Slows in May
Parl't Approves Amendments to Legislation on Judiciary
Motorists Pay HUF 50,859 in Vehicle Insurance Premiums
BKK Steps up Airport Shuttle Bus Service
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.
