(MENAFN- AzerNews) By Ayya Lmahamad
Hungary is seeking to add Azerbaijani gas to the country's
energy complex, Hungarian ambassador to Azerbaijan Tamas Torman has
said.
He made the remarks at an event to mark the Hungarian National
Day and the 30th anniversary of the establishment of diplomatic
relations between Hungary and Azerbaijan, Azernews reports.
'Today, when Europe is facing a substantial energy crisis,
Hungary sees Azerbaijan as a crucial energy partner. We welcome the
launch of the Interconnector Greece-Bulgaria (ICB), as well as
cooperation between Serbia and Azerbaijan on gas supplies,' he
said.
Reconstruction of liberated lands
The ambassador also stated that Hungary eyes participation in
the reconstruction of Azerbaijan's liberated territories, adding
that Hungarian companies may engage in infrastructure recovery and
landmine clearance activities.
'The country can share its expertise in the agricultural sector
as well,' he said.
Recalling that 2022 marks the 30th anniversary of diplomatic
ties between the two nations, he noted that Hungary has always been
a supporter of Azerbaijan's territorial integrity and
sovereignty.
Business cooperation
Speaking at the event, Labour and Social Security Minister Sahil
Babayev stated that Azerbaijan and Hungary have considerable
potential for business cooperation.
He noted that commodity turnover between the two countries
increased by 9 percent year on year.
'The investment portfolio between the two countries is likely to
grow as well. Top-level collaboration can already be seen in
agriculture, transport, and education sectors,' he said.
Moreover, the minister added that the two countries are actively
engaged at a high political level.
'As a chairman of the Azerbaijani-Hungarian Intergovernmental
Commission, I would like to express hope for the fruitful
activities of the commission and further successful economic
cooperation between the two countries,' he said.
The diplomatic relations between the two nations were
established on November 27, 1992. The Hungarian embassy in
Azerbaijan was established in January 2009, while the embassy of
Azerbaijan was opened in Hungary in September 2004.
Around 50 documents have been signed between the two countries.
Azerbaijan and Hungary have also had fruitful cooperation within
international and regional organizations. Hungary signed a
strategic partnership agreement with Azerbaijan on November 11,
2014.
The trade turnover between the two countries totaled $35.1
million in 2021.
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Ayya Lmahamad is AzerNews' staff journalist, follow her on
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