Hungary's Foreign Minister pays working visit to MongoliaPolitics
Ulaanbaatar /MONTSAME/. On July 29, Minister of Foreign Affairs and Trade of Hungary Péter Szijjártó paid a working visit to Mongolia.
The Hungarian Minister held official talks with Minister of Foreign Affairs of Mongolia B.Battsetseg to discuss about Mongolia-Hungary bilateral relations and cooperation and international issues of mutual concern. The sides also agreed to increase trade, economic and investment volumes between Mongolian and Hungary and support cooperation of private sectors from the two countries.
Mongolia’s Minister Battsetseg emphasized that the education sector is a priority in the bilateral ties and expressed her willingness to develop partnership in cultural, filmmaking and archaeological areas.
Minister Péter Szijjártó informed at the meeting that the Hungarian Export-Import Bank has opened a line of credit as a financing for projects and programs to be carried out by the entities of Mongolia and Hungary. In this regard, a virtual meeting was set to be organized in August 2021 between the chambers of trade and commerce of the two nations.
He then mentioned that Mongolia’s Biokombinat veterinary vaccine factory is being refurbished by USD 57 million investment from Hungary and praised that reciprocal trade volume has been grown by 19 percent amid the pandemic situation.
During the visit, the Hungarian delegates led by Minister Péter Szijjártó paid a courtesy call on Speaker of the State Great Khural of Mongolia G.Zandanshatar and held a bilateral meeting with Minister of Food, Agriculture and Light Industry of Mongolia Z.Mendsaikhan.
Minister Péter Szijjártó also handed over a humanitarian assistance by the government of Hungary to Mongolia – 33 respirators that are essential for Mongolia’s response to COVID-19.