Iran, Hun­gary ex­plore ex­pan­sion of trade, in­dus­try, en­ergy ties

Tehran Times - - FRONT PAGE -

TEHRAN — Fol­low­ing the visit of a high-rank­ing Hun­gar­ian trade del­e­ga­tion to Tehran, an Iran-Hun­gary busi­ness fo­rum was held on Sun­day dur­ing which the two sides signed three mem­o­ran­dums of un­der­stand­ing (MOUs) in var­i­ous ar­eas.

The MOUs cov­ered co­op­er­a­tion in the fields of ther­mal power gen­er­a­tion, elec­tri­cal mea­sur­ing sys­tems for rail­ways and man­u­fac­tur­ing elec­tronic ve­hi­cles, the por­tal of Iran Cham­ber of Com­merce, In­dus­tries, Mines and Agri­cul­ture (ICCIMA) re­ported.

As re­ported, Hun­gary’s Min­is­ter of Na­tional Econ­omy Mi­hály Varga, who headed the del­e­ga­tion,

had a meet­ing with ICCIMA’s Head Gho­lam-Hos­sein Shafeie be­fore at­tend­ing the fo­rum at the place of ICCIMA.

Speak­ing in the meet­ing, Shafeie men­tioned pre­vi­ous task forces set up be­tween the two coun­tries for ex­pan­sion of mu­tual co­op­er­a­tion say­ing, “En­ergy, wa­ter man­age­ment and treat­ment, phar­ma­ceu­ti­cal in­dus­try, medicine, agri­cul­ture and higher ed­u­ca­tion are among the ar­eas pre­vi­ously agreed upon for co­op­er­a­tion.”

“ICCIMA is pur­su­ing to ex­pand th­ese ties fur­ther, to in­clude co­op­er­a­tion in new ar­eas like engi­neer­ing ser­vices, tech­nol­ogy, star­tups, IT and knowl­edge-based com­pa­nies as well,” Shafeie added.

Varga for his part, ad­dressed bank­ing prob­lems as the main bar­rier in the way of eco­nomic co­op­er­a­tion be­tween the two coun­tries.

The Hun­gar­ian min­is­ter men­tioned the visit of a bank­ing del­e­ga­tion from his coun­try to Iran last week, say­ing, “They had very fruit­ful meet­ings with their Ira­nian coun­ter­parts and we hope the prob­lems in this area will be solved soon.”

The of­fi­cial fur­ther stressed the need for es­tab­lish­ing a di­rect flight be­tween the two coun­tries.

Else­where in his re­marks, Varga pointed to a $160 mil­lion credit line which his coun­try’s EXIM bank has al­lo­cated for ex­pan­sion of trade ties with Iran.

Hun­gary will­ing to buy more Ira­nian oil

On Mon­day, Shana re­ported that the Hun­gar­ian econ­omy min­is­ter had also a meet­ing with Ira­nian Oil Min­is­ter Bi­jan Nam­dar Zan­ganeh dur­ing which he ex­pressed his coun­try’s will­ing­ness for in­creas­ing pur­chases of Ira­nian crude oil in near fu­ture.

Ac­cord­ing to Varga, Hun­gar­ian MOL Group has al­ready shipped in a one-mil­lion-bar­rel oil cargo from Iran since the lift­ing of sanc­tions against Iran. Varga also met with Ira­nian Min­is­ter of In­dus­try, Min­ing and Trade Mo­ham­mad Shari­at­madari on Mon­day and Min­is­ter of Fi­nance and Eco­nomic Af­fairs Ma­soud Kar­basian on Sun­day.

Hun­gar­ian Min­is­ter of Na­tional Econ­omy Mi­hály Varga (L), shak­ing hand with Head of Iran Cham­ber of Com­merce, In­dus­tries, Mines and Agri­cul­ture Gho­lam-Hos­sein Shafeie be­fore at­tend­ing the Iran-Hun­gary busi­ness fo­rum on Sun­day

Newspapers in English

Newspapers from Iran

© PressReader. All rights reserved.