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Kazakhstan, Hungary announce new investment fund to boost bilateral ties

GenevaTimes by GenevaTimes
November 20, 2024
in Europe
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Kazakhstan, Hungary announce new investment fund to boost bilateral ties

ASTANA, Kazakhstan, November 21. Kazakh
President Kassym-Jomart Tokayev and Hungarian Prime Minister Viktor
Orbán held extended discussions in Budapest, joined by members of
their respective delegations, Trend reports.

The meeting followed earlier one-on-one talks between the two
leaders, highlighting a shared commitment to advancing bilateral
relations.

“It is a great honor to be in the capital of Hungary, a friendly
and brotherly nation,” said President Tokayev. “The main purpose of
my visit is to give new impetus to the multifaceted cooperation
between our countries.”

The talks resulted in several significant agreements, including
the establishment of a Kazakhstan-Hungary Investment Fund. The
discussions covered key areas of collaboration such as trade and
economic partnerships, energy, oil and gas, transportation, and
education.




Prime Minister Orbán emphasized the importance of strengthening
bilateral ties and expressed optimism about the successful
implementation of the agreements. “Our countries share a common
history and have great potential for deepening cooperation. Today’s
discussions lay the groundwork for future collaboration in the
interests of our peoples,” he stated.

At the conclusion of the meeting, President Tokayev invited
Prime Minister Orbán to visit Astana for a reciprocal visit.

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