Orbán: New era in Hungary-Iran relations

Visits

facebook

Hungary’s Prime Minister Viktor Orbán and Iranʼs first vice president Eshaq Jahangiri yesterday met in Tehran, Iran, and signed several bilateral agreements, including one to avoid double taxation and another on investment incentives, Hungarian news agency MTI reported.

"Four in the morning. Arriving to Tehran." – The caption Hungaryʼs Prime Minister Viktor Orbán added to the picture above, uploaded on his Official Facebook Page.

After their meeting, the Hungarian leader said while addressing a forum of about 200 Iranian and Hungarian businessmen in the afternoon that a “new era” has begun in relations between the two countries, adding that “Hungary is approaching Iran with respect and reverence”, Hungarian online daily origo.hu reported.

The Hungarian prime minister also announced the setting up of a joint economic cooperation committee and establishing a trading house in Tehran, MTI reported. Orbán also reportedly said that Hungaryʼs Eximbank will provide financing to Iran once the sanctions "run out".

Eshaq Jahangiri said that he trusted the prime minister’s current visit would boost economic ties, which had declined considerably over the past few years, MTI reported. He named energy and agriculture as fields of future cooperation and said Iran welcomes Hungarian companies planning to invest there, MTI added.

Orbán expressed Hungaryʼs interest in helping Iran in training nuclear experts and said water management, water purification, telecommunications and the health industry could be areas of cooperation, MTI reported.

The prime minister is being accompanied by several members of his government as well as a group of Hungarian businessmen on his two-day official visit to Tehran, MTI said.

ADVERTISEMENT

European e-commerce soars during pandemic - study Analysis

European e-commerce soars during pandemic - study

Lawmakers approve 2022 budget Parliament

Lawmakers approve 2022 budget

Duncan Graham reelected as BCCH president Appointments

Duncan Graham reelected as BCCH president

Chain Bridge to be closed for traffic for 18 months City

Chain Bridge to be closed for traffic for 18 months

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.