Kazakhstan and Hungary foreign ministers held negotiations in Astana. Peter Szijjártó emphasized his country's desire to strengthen cooperation in the Central Asian region. In turn, Kairat Abdrakhmanov noted that Kazakhstan considers Hungary as a reliable ally in Central and Eastern Europe. The two countries’ cooperation spans within the Kazakh-Hungarian strategic council, the intergovernmental commission for economic cooperation, as well as the joint direct investments fund. Countries are also building partnerships in education. Kazakhstan and Hungary signed the contract on increasing the number of joint scholarships in universities from 45 to 200. In addition, the countries are actively implementing joint projects in agriculture, energy, medicine, tourism and construction.

 

PETER SZIJJARTO, HUNGARIAN MINISTER OF FOREIGN AFFAIRS AND TRADE:

We have created an agricultural fund with a total capital of US$40 million. The goal is to assist Kazakhstan in developing agricultural sector technologies. In addition, the largest Hungarian company invested US$ 200 million in Kazakhstan-China oil production project.

 

This year, Astana and Budapest direct flights were opened. According to the parties, the new air communication will help the two countries develop tourism and business relations and will also make it easier and cheaper to visit EXPO 2017.

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