PM discusses Hungarian-Kazakh investment fund

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The establishment of a Hungarian-Kazakh investment fund and the opening of a Hungarian embassy in Kuala Lumpur were in the focus of talks between Prime Minister Viktor Orbán and Kazakh president Nursultan Nazarbayev and Malaysian Prime Minister Najib Razak, respectively, Hungarian news agency MTI reported yesterday.

Orbán and Nazarbayev agreed that Hungary and Kazakhstan would each contribute USD 20m to the investment fund. Orbán said that 45 Kazakh students will be eligible to receive scholarships to study in Hungary, which plans to send energy experts to Kazakhstan and it will provide help to the organisation of the 2017 world expo in Astana. He added that Hungary would like to launch direct flights between the two countries and invited Nazarbayev for an official visit to Hungary.

At the meeting with Razak, Orbán informed his counterpart that Hungary would re-open its embassy in Malaysia and that Hungary would like to increasingly involve small and medium-sized businesses in trade between the two countries. He added that Hungary is ready to offer scholarships to 40 students from Malaysia.

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