May 272015

ISLAMABAD: Hungary is interested in promoting trade cooperation with Pakistan, as it is a promising country for business and investment, observed Ambassador of Hungary Istvan Szabo during a meeting at the Islamabad Chamber of Commerce and Industry (ICCI).“Bilateral trade of $140 million during 2014 between Pakistan and Hungary does not reflect the true potential,” he said. He added that Hungary was located in the heart of Europe while Pakistan occupied a key location to get easy access to South and Central Asia, Middle East and other regions. “The geostrategic location of both countries offers tremendous scope for win-win outcomes by strengthening cooperation in trade and economic fields.” He said ICCI should send its delegation to Hungary to explore new avenues of mutual cooperation.

Published in The Express Tribune, May 28th,  2015.

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