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Hungary planning to promote new ideas for economic co-op with Azerbaijan

Business Materials 31 October 2022 11:03 (UTC +04:00)
Laman Zeynalova
Laman Zeynalova
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BAKU, Azerbaijan, Oct.31. Hungary is planning to promote new ideas for economic cooperation with Azerbaijan, Ambassador Extraordinary and Plenipotentiary of Hungary Tamás Torma said in an exclusive interview with Trend October 31.

“The 8th session of the bilateral commission on economic cooperation was held in February this year, so the main priorities and tasks are set, but we are definitely planning to promote new ideas as well. We can build on existing or previous cooperation, like the one between Azersu and Hungarian waterworks companies,” said the ambassador.

Torma noted that there are also ongoing projects to be completed, like a greenhouse complex construction in the Khizi region of Azerbaijan.

“We usually aim at joint projects that bring mutual benefits, and we mostly focus on areas like smart/green urban solutions, energy efficiency and water management, where Hungarian companies offer innovative technologies and know-how that we are ready to share. There are many other spheres, like agricultural development or energy, where the potential for further cooperation is high, especially with view to the recent geopolitical developments.”

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