TODAY.AZ / Business

Azerbaijan, Hungary enjoy excellent mutually beneficial cooperation

29 June 2016 [12:16] - TODAY.AZ

/By Azernews/

By Amina Nazarli

Baku and Budapest have expressed satisfaction with the level of development of bilateral political dialogue, as Azerbaijan’s Foreign Minister Elmar Mammadyarov has met with Foreign Affairs and Trade Minister of Hungary Peter Szijjarto in Baku.

The Hungarian delegation led by Szijjarto visited Azerbaijan to join the sixth meeting of the joint Intergovernmental Economic Cooperation Commission held on June 28.

During the meeting, the ministers stressed the steady development of cooperation in the context of the strategic partnership between the two countries.

Mammadyarov noted that the 6th meeting of the Joint Commission provides favorable conditions for the promotion of cooperation in economy, transport, energy, pharmacy, information and communication technologies, agriculture and others between the two countries.

The Azerbaijani minister commended the support of Hungary to the development of strategic partnership relations between Azerbaijan and European Union.

He briefed his counterpart about the large-scale transport and energy projects, as well as North-South, East-West transport corridors and TAP and TANAP energy projects implemented with the initiation and engagement of Azerbaijan.

Touching upon the negotiation process on the settlement of Armenia-Azerbaijan conflict, Mammadyarov emphasized that all international community, including OSCE Minsk Group Co-chair at the level of heads of state admit the fact of unacceptability and unsustainability of the current status-quo.

Peter Szijjarto, in turn, informed that during the 6th meeting of the commission the sides discussed the practical cooperation projects in the spheres of mutual interest.

Furthermore, Szijjarto added that Hungarian companies are interested in cooperation with partners from Azerbaijan.

The sides also noted the successful cooperation and mutual support of Azerbaijan and Hungary within the international organizations. The Hungarian minister congratulated Azerbaijan on the occasion of being elected to the membership of ECOSOS for the term 2017-2019.

The ministers also exchanged their views on the issues of international agenda and ongoing processes within the EU.

On the same day the Hungarian minister was received by Prime Minister Artur Rasizade, who said that Azerbaijan and Hungary enjoy excellent mutually beneficial cooperation.

The Azerbaijani Premier hailed the fact that the Hungarian government “has always stood by Azerbaijan in all international events and supported its just stance”.

Pointing to “broad” prospects for cooperation between the two “friendly” countries, Rasizade noted that building cooperation in the non-oil sector and paying special attention to culture, tourism, trade, transport, agrarian sector, pharmaceutics would be beneficial for the Azerbaijani-Hungarian Intergovernmental Commission.

On behalf of the delegation which included Hungarian businessmen, Szijjarto praised rapid development of modern Azerbaijan.

He highlighted work done since the last meeting of the intergovernmental commission and planned joint projects aimed at expanding the bilateral cooperation.

The sides hailed the importance of further strengthening regional and international relations, maintaining peace and stability in the region, as well as settling the Armenian-Azerbaijani Nagorno-Karabakh conflict within the framework of international legal norms based on the principles of territorial integrity and inviolability of borders of Azerbaijan.

Members of Hungarian government, business structures and companies operating in industry, agriculture, consulting and banking service got together in Baku on June 28.

During the meeting the two sides inked a Memorandum on Understanding. In accordance with the document, goods manufactured in Azerbaijan, but not having certificates of origin issued by the relevant authorities of the country, will not be admitted by Hungary.

Hungary, in turn, will inform its legal entities and individuals, so that they refrain from investing or providing any service in the occupied territories of Azerbaijan.

The memorandum also provides for the expansion of cooperation in several spheres including trade, investment, industry, energy, transport, ICT, health, education, culture, tourism, agriculture, the environment, youth, sport and science.

The sides also signed a Memorandum of Understanding between the Sumgayit Chemical Industrial Park and the Association of Industrial, Scientific and Technological Innovation and Hungary parks.

URL: http://www.today.az/news/business/152181.html

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