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Hungary interests in mutual investing with Azerbaijan

11 November 2011 12:35 (UTC +04:00)

Baku. Nijat Mustafayev â€“ APA-Economics. Hungary offered Azerbaijani side to capital mutual investment, Hungarian State Secretary for National Economy Ministry Roza Nad told APA.

According to her, the visit of Hungarian delegation to Azerbaijan will support the trade, culture, education, sport and etc. spheres between two countries: â€œWeâ€™ve paid attention to the spheres that weâ€™ll able to collaborate with Azerbaijani side. These include agriculture, industry, education, energy, science, ICT and othersâ€.

About trade turnover between two countries Hungarian Minister said that, this index was too lower: â€œThe current trade turnover between two countries is below $80 mln. Main of this is imported goods from Hungary to Azerbaijan and makes 99% of trade turnover. We intend to increase the trade turnover, as well organize mutual capital investmentâ€.

She also noted that, the third meeting of the commission is planned to hold in Budapest, three years later.