Iran, Hungary to sign MoUs within days

EghtesadOnline: During the upcoming Joint Economic Commission in Budapest, Iran and Hungary are to ink a number of MoUs on developing cooperation in tourism, sports, economic and research fields, Iranian envoy said.

News ID: ۷۷۳۷۳۷

06 February 2017

Iranian ambassador to Hungary Gholam Ali Rajabi Yazdi in an exclusive interview told IRNA on Monday that the commission which is supposed to be held with the attendance of the ministers of both countries aims at developing cooperation between Iran and Hungary in different fields and boosting bilateral economic ties.

According to IRNA, he pointed to the last joint commission between the two countries held about 23 years ago, saying that the volume of trade exchange between Iran and Hungary was over 350 million dollars during the first decade of the Islamic Revolution victory in 1979 and the figure gradually decreased to $35m.

“In the wake of Hungarian Prime Minister Viktor Orbán’s trip to Iran last year, 10 MoUs in economic, political and cultural fields were inked between the two countries,” he said.

“Based on one of the aforementioned MoUs, the Budapest Joint Economic Commission is scheduled to be co-chaired by Hungarian Foreign Minister Péter Szijjártó and Iran’s Minister of Economic Affairs and Finance Ali Tayebnia.

Tayebnia heading a delegation is scheduled to have a trip to Hungary on Tuesday to participate in the event.

Rajabi Yazdi referred to agriculture and food products industries, water management, fighting environmental pollution, developing infrastructures, construction industry, new and renewable energies, oil and petrochemicals, sanitary and pharmaceutical industries, transportation and civil services as advantageous grounds for Iran and Hungry cooperation.