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SZIJJÁRTÓ: HUNGARY SIGNS USD 57 M AGREEMENT WITH MONGOLIA

 

Hungary has signed a 57 million dollar agreement with Mongolia under which a Hungarian company will build a plant and laboratory for veterinary vaccination in the Central Asian country, Foreign Minister Péter Szijjártó said after a video conference with his Mongolian counterpart Damdín Tsogtbaatar. Szijjártó said that keeping Hungarian companies successful on international markets was vitally important for the restart of the economy. From this point of view, the agreement signed between EXIM and the Mongolian finance ministry is of paramount importance, he added. The two sides have also agreed on launching a new 50 million dollar tied credit scheme in the food industry and water management. He noted that 200 Mongolian students are attending Hungarian universities on scholarship.