articleimg-1
Feb 19, 2020

FM: Hungary to boost cooperation between fast-growing Central Asia and central Europe

The foreign minister said business ties between Hungary and Uzbekistan would strengthen, thanks to decisions made during his visit to Tashkent.

Opening an Uzbek-Hungarian business forum in Tashkent, the foreign minister said Hungary belonged to an “elite club of 35 countries”, having exported 100 billion euros of goods annually over the past three years.

Péter Szijjártó, Minister of Foreign Affairs and Trade, said a focus of Hungarian foreign policy is to boost cooperation between fast-growing Central Asia and central Europe, “the growth engine of the European Union”.

According to MTI, Minister Szijjártó said Uzbek-Hungarian relations are not burdened by any unresolved issues that may hinder “peaceful business dealings”. He added that due to recent shifts in the world economy, regions that were once condescended to now boast healthy growth, and Hungary and Uzbekistan both belong to such regions.

Minister Szijjártó said business ties between the two countries would strengthen, thanks to decisions made during his visit to Tashkent.

What’s more, Hungarian Eximbank is opening a USD 100 million credit line to provide support for Hungarian-Uzbek business ties, and the government is offering 30 scholarships to Uzbek students who choose to study at Hungarian universities.

Photo credit: Magyar Nemzet