Prime Minister of Hungary Viktor Orban has received Azerbaijan’s Minister of Economy Mikayil Jabbarov in Budapest.
Minister Jabbarov stressed the importance of the discussions with Hungary and hailed the successful implementation of the agreements. The two exchanged views on the development dynamics of Azerbaijan-Hungary relations, prospects for economic cooperation and the fruitful results of partnership on joint projects.
At the meeting, which was also attended by Minister of Foreign Affairs and Trade Péter Szijjártó and Minister for Economic Development Márton Nagy, PM Orban said it is an important development from the viewpoint of Hungary’s energy security that, based on the agreements concluded earlier, in July the Azeri energy company started feeding natural gas into Hungary’s storage facilities, and with this, an actual physical gas conveyance relationship has come into being between the two countries.
The parties also spoke about the fact that several Hungarian companies were making successful efforts to expand their operations in Azerbaijan, and further Hungarian investments were on the agenda as well.
During the trip, Minister of Economy Mikayil Jabbarov also met with Minister of Foreign Affairs and Trade Péter Szijjártó.
The sides noted that Azerbaijan-Hungary relations are based on strategic partnership, adding that the leadership of both countries attach special importance to the development of cooperation.