(MENAFN- Trend News Agency)
ASTANA, Kazakhstan, December 14. Kazakhstan and
Hungary are expanding the horizons of cooperation by discussing
future prospects in the fields of trade and investment, Trend
reports.
On December 12, a round table titled "Kazakhstan-Hungary: New
Trends in Trade and Economic Cooperation" was held in Budapest. The
event was organized by the Embassy of Kazakhstan in Hungary in
cooperation with Kazakh Invest National Company, with the support
of the Hungarian Export Promotion Agency (HEPA) and the Hungarian
Chamber of industry and Commerce. The event brought together over
70 participants, including representatives of government bodies and
leading companies from Kazakhstan and Hungary.
Speakers at the round table included the Ambassador of
Kazakhstan to Hungary, Abzal Saparbekuly; the foreign
representative of Kazakh Invest in Hungary, Ulbossyn Sarybayeva;
Deputy Governor of the National Bank of Hungary, Csaba Kandrács;
HEPA Director General, Gábor Jenei; and others. In their speeches,
the speakers highlighted the contributions of companies such as MOL
Group, UBM Group, L.A.C. Holding, Elitmag, Alfaseed, MVM Group, and
I-Cell to the development of Kazakh-Hungarian cooperation. The
projects of these companies cover industries such as energy,
logistics, agriculture, and renewable energy sources. In turn,
company representatives expressed their readiness to further expand
cooperation by establishing new production facilities in
Kazakhstan.
The main goal of the round table was to strengthen business ties
between Kazakhstan and Hungary, highlight promising projects, and
identify new areas for cooperation. During the event, participants
discussed key issues, including the development of infrastructure
and logistics, joint projects in the agro-industrial complex,
cooperation in nuclear energy, new opportunities in education,
digital transformation, and more.
The event became a significant step towards strengthening
bilateral cooperation following the state visit of the President of
the Republic of Kazakhstan, Kassym-Jomart Tokayev, to Hungary in
November 2023.
To note, this year Kazakhstan and Hungary celebrate a jubilee
date-10 years since the adoption of the declaration of strategic
partnership. During this time, Kazakhstan has attracted more than
$350 million of Hungarian investments.
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