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Hungarian central bank signs cooperation agreement with Mongolian watchdog
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The National Bank of Hungary (NBH) has signed an agreement on joint financial supervision cooperation with the Financial Regulatory Commission of Mongolia (FRC), NBH said on Wednesday.
The agreement covers, among other things, information and knowledge exchange between the authorities, carrying out joint research projects and organising knowledge-sharing events, the central bank said in a statement.
Agriculture minister meets Mongolian finance minister
Agriculture Minister István Nagy met Javkhlan Bold, Mongolia’s finance minister, in Budapest on Wednesday.
The sides signed a memorandum of understanding to strengthen relations in agriculture and the food industry, the Ministry of Agriculture said. The partnership agreement covers the modernisation of farm machinery, the preservation of animal genetic resources, irrigation development and forestry issues.
Nagy said Hungarian businesses and education institutions were ready to share their experience with the Mongolian partners. The minister said he could see opportunities for bilateral cooperation in agricultural technologies, the poultry sector or seed production.
Javkhlan Bold invited István Nagy for an official visit to Mongolia.
FM Szijjártó hails Hungary-Mongolia cooperation
Cooperation between Hungary and Mongolia is close despite the geographical distance between them, Foreign Minister Péter Szijjártó said on Facebook on Wednesday.
Szijjártó noted that Hungary had donated vaccines to Mongolia during the coronavirus pandemic, adding that the two countries also cooperate actively in the areas of agriculture and water management, which last year led to a “record trade turnover”.
Hungary offers the most university scholarships to Mongolia relative to the size of its population, he said, noting that 903 students had applied for the 200 available scholarships this year.
He said the two countries had concluded their talks on an air transport agreement, which had been made all the more important by Mongolia having scrapped the visa requirement for Hungary.
Hundreds of scholarships each year to third world students with zero benefit to us Hungarians or Hungarian society. Paid for by tax money stolen from the Hungarian people. Why stolen? Hungarian tax money should never be given away by this Orbán gang to foreigners but should only be used for Hungarians! This “government” is hostile towards us Hungarians.