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$ 120 million credit allocated to Hungarian companies for reconstruction of Karabakh

$ 120 million credit allocated to Hungarian companies for reconstruction of Karabakh

04 February 2022 10:28 (UTC +04:00)

Eximbank has allocated the credit line in the amount of $120 mln to take part in the restoration of Karabakh, Julia Popelics Responsible for Organization of Turkic States at MFA of Hungary said, APA-Economics reports.

According to her, Hungarian companies will participate in the restoration of urban infrastructure in the Karabakh region, the construction of energy supply, and the launch of agricultural activities.

Notably, a meeting of the Azerbaijani-Hungarian Intergovernmental Commission was held on February 3 and the parties discussed the participation of Hungarian companies in projects in the liberated areas.

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