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Trade turnover between Hungary and Azerbaijan hit record in 2023 - Peter Szijjártó

Economy Materials 25 April 2024 11:41 (UTC +04:00)
Trade turnover between Hungary and Azerbaijan hit record in 2023 - Peter Szijjártó
Lada Yevgrashina
Lada Yevgrashina
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BAKU, Azerbaijan, April 25. Trade turnover between Hungary and Azerbaijan reached a record (about $200 million) in 2023, Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó said during the 10th session of the Joint Commission on Economic Cooperation between the governments of Azerbaijan and Hungary, Trend reports.

According to him, the potential for cooperation between the two states is very high in various sectors.

Szijjártó reminded that Hungary received "molecules" of Azerbaijani gas last year and considers the importance of such an opportunity in the future.

Speaking at the session, Azerbaijan's Minister of Labor and Social Protection of the Population, Sahil Babayev, emphasized that in the first two months of 2024, trade turnover increased by 40 percent, showing growth dynamics.

To note, the 10th meeting of the Joint Commission on Economic Cooperation between the governments of Azerbaijan and Hungary is taking place in Baku.

On February 17 of last year, the 9th meeting of the Joint Commission on Economic Cooperation between the governments of Azerbaijan and Hungary took place in Budapest.

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