Prime ministers of Kazakhstan and Hungary discuss increasing investment cooperation

NUR-SULTAN (TCA) — On April 23, the Prime Minister of Kazakhstan Askar Mamin held a meeting with Prime Minister of Hungary Viktor Orban, the official website of the Prime Minister of Kazakhstan reported.

They discussed developing trade, economic, and investment cooperation, increasing bilateral trade, as well as prospects for deepening mutually beneficial cooperation in traditional and alternative energy, nuclear industry and science, defense, aviation, agriculture, especially exports of Kazakhstan’s environmentally friendly products.

In the opinion of the two prime ministers, the current volume of bilateral trade shows that there is a great potential for cooperation.

“We consider Kazakhstan a country that is achieving tremendous economic results. We are very pleased with our bilateral contacts,” said Hungarian Prime Minister Viktor Orban, expressing the hope that working together, the countries will increase the volume, expand the structure of cooperation and implement large-scale projects in the future. “Hungary is still very open in relation to Kazakhstan and is looking for opportunities for economic cooperation.”

Prime Minister Mamin said that the trusting relations between Kazakhstan and Hungary create favorable conditions for the development of economic interaction.

“Hungary is an important trade and economic partner of Kazakhstan. We welcome the further expansion of cooperation between our countries,” said Mamin, inviting Hungarian businessmen to take an active part in the implementation of investment projects in Kazakhstan and jointly look for new forms for developing relations.

The government heads of Kazakhstan and Hungary confirmed their intention to increase trade and investment cooperation between the two countries. The upcoming meeting of the Kazakh-Hungarian Strategic Council which will be held on April 29 in the city of Nur-Sultan with the participation of 100 Hungarian businessmen will determine the new tools for further increasing the volume and expanding the structure of trade.

Sergey Kwan


Sergey Kwan has worked for The Times of Central Asia as a journalist, translator and editor since its foundation in March 1999. Prior to this, from 1996-1997, he worked as a translator at The Kyrgyzstan Chronicle, and from 1997-1999, as a translator at The Central Asian Post.
Kwan studied at the Bishkek Polytechnic Institute from 1990-1994, before completing his training in print journalism in Denmark.

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