(MENAFN- Trend News Agency)
The growing trade dynamics between Hungary and Georgia, wider
economic ties and potential of developing greater relations were
discussed on Saturday in a meeting between Georgian Economy
Minister Levan Davitashvili and Hungarian Foreign Minister Péter
Szijjártó.
Davitashvili highlighted the growth of economic indicators in
the first quarter of 2022, calling the figures“especially
important” for attracting foregn direct investment, and stressed
Georgia remained an“attractive investment partner” despite the
difficult geopolitical situation in the Black Sea regio.
The Ministry said Davitashvili had also noted Georgia's economic
policy to increase the country's export to foreign markets -
especially European states - and noted Hungary was an“important
partner”, with a priority placed on increasing Georgian exports to
the Hungarian market. He also highlighted the 30 percent increase
in trade turnover between the countries in the first quarter of
2022.
On his part, Szijjártó noted Hungary“actively” supported
deepening the partnership between Hungarian and Georgian companies
and expressed willingness to finance their joint business
projects.
The parties also expressed readiness to hold a meeting of the
Georgian-Hungarian Economic Cooperation Commission in the near
future, and highlighted the importance of the operation of the
Hungarian budget airline Wizzair in development of the Georgian
airline and tourism markets.
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