Hungary, Georgia develop economic and trade ties

Márton Nagy, the minister of economic development, held talks with Levan Davitashvili, Georgia’s economy minister, his ministry said on Saturday.

The talks held on Friday with Davitashvili, who serves as deputy prime minister, reviewed bilateral economic ties with a focus on industry, the ministry said in a statement. Hungary’s trade with Georgia has developed over the past years to record levels, with bilateral trade in goods totalling now 90 million euros.

The sides were in agreement on the need to further develop economic and trade ties, with a focus on expanding direct cooperation between businesses.