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Azerbaijan, Hungary to discuss trade prospects

Business Materials 11 June 2012 13:53 (UTC +04:00)
Prospects of economic cooperation between Azerbaijan and Hungary will be discussed in Baku.
Azerbaijan, Hungary to discuss trade prospects

Azerbaijan, Baku, June 11 / Trend, S. Agayeva /

Prospects of economic cooperation between Azerbaijan and Hungary will be discussed in Baku.

Negotiations will be held during the visit of state secretary of the Hungarian Economy Ministry Rose Nad's visit to Baku, who is visiting the country on Tuesday, Hungarian Ambassador to Baku Zsolt Chutora told Trend on Monday.

During the three-day visit, Hungary's state secretary will meet with Azerbaijani deputy economic development minister Sevinj Hasanova and executive director of the State Oil Fund Shahmar Movsumov.

Rose Nad is also co-chair of the Azerbaijani-Hungarian intergovernmental commission on economic cooperation.

According to the State Statistics Committee of Azerbaijan, trade turnover between Azerbaijan and Hungary is $36.78 million, where Azerbaijan's exports account for $36.75 million.

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