Hungarian, Mongolian presidents discuss ties

History

Hungary could provide Mongolia with development assistance in the areas of water management and agriculture, Hungary’s President János Áder (pictured) said following his meeting with Mongolia’s President Tsakhiagiin Elbegdorj in Ulan Bator today.

The Hungarian President noted that Hungaryʼs cooperation with Mongolia in water management goes back to the 1950s and said one of the country’s animal vaccine plants built earlier by Hungarians was undergoing a renovation with Hungarian credit.

Elbegdorj talked about the potential for Mongolia to export safe food as a result of its cooperation with Hungary. He added that cooperation could also be extended to the areas of environmental protection and forestry. Cheap, but high quality Hungarian building materials could be competitive in Mongolia, and the country would welcome Hungarian companies in the wind and solar energy businesses, he said.

Both officials welcomed the planned re-opening of the Hungarian embassy in Mongolia in May.

Bamosz Investment Fund NAV Reaches HUF 15.624 tln in March Analysis

Bamosz Investment Fund NAV Reaches HUF 15.624 tln in March

Hungary Condemns Iranian Attack on Israel Int’l Relations

Hungary Condemns Iranian Attack on Israel

Share of 1st Time Home Buyers Climbs Residential

Share of 1st Time Home Buyers Climbs

Tribe Hotel Budapest Stadium Recognized at LIV Hospitality D... Hotels

Tribe Hotel Budapest Stadium Recognized at LIV Hospitality D...

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.