Hungary, Belarus governments sign investment protection agreement
The Hungarian and the Belarusian governments signed an agreement on fostering and protecting investments in both countries after a two-day meeting of the bilateral economic cooperation intergovernmental committee in Budapest on Friday.
The two countries mull cooperation in finances, industry, the construction sector, agriculture, water management and health industry, Belarusian deputy foreign minister Oleg Kravchenko told a press conference after the meeting.
On the sidelines of the meeting, nine Belarusian and 40 Hungarian companies participated in a forum organised by the two countries’ commerce and industry chambers.
The Belarusian companies looked for Hungarian partners mainly in the wood and food industries, farm machinery production, textile industry and tourism.
Hungary’s state-owned National Trading House (MNKH) and National Accrediting Authority signed letters of intent on cooperation with their Belarusian counterparts. The association of Hungarian construction entrepreneurs Evosz also signed a cooperation agreement with two of its partner organisations.
Featured image: MTI
Source: MTI
