Mongolian and Hungarian PMs discuss increasing trade turnover, forwarding joint projects

2017-05-15 15:10:07
Ulaanbaatar /MONTSAME/ On the sidelines of his participation in the Belt and Road Summit, head of Mongolian Government J.Erdenebat is holding bilateral meetings with leaders of other countries. On May 14, the Premier met with his Hungarian counterpart Victor Orban and discussed about feasibilities to enrich the bilateral cooperation with more economic contents, produce value-added products with mineral and agricultural resources, and to increase the number of Mongolian students to be granted the Hungarian government scholarships.

Mr Orban highlighted the possibility to increase the bilateral trade turnover, which stands at USD 10-12 million at the moment. The Hungarian PM wished his Mongolian counterpart to focus on activating and forwarding the implementation of joint projects, including the Project on Renovation of Biocombinat state-owned enterprise.