Talks underway on establishing joint Hungarian-Kazakh fund
Talks are underway on the establishment of a joint Hungarian-Kazakh fund to support the development of economic ties between the two countries, the press office of minister without portfolio Mihály Varga said, responding to a query by MTI.
The fund could be launched as soon as next year with a one-off capital injection or guarantee, or it could be financed continually, the office said. The sides are still discussing the potential size of the fund, it added.
The decision to establish the fund was taken during an official visit by Prime Minister Viktor Orbán to Kazakhstan in May.
ADVERTISEMENT
MBH Bank Closes Acquisition of Duna Takarék Bank
Orbán Augurs Economic Rebound From Q3
Corvinus Uni, ExxonMobil Sign Cooperation Deal
Budapest Muni Council Clears Rác Baths Renovation
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.
