12:49 - 11.10.2022

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October 11, Fineko/abc.az. Hungary’s EximBank has opened a credit line for $120 million for Hungarian companies involved in construction in Karabakh.

ABC.AZ reports that this was informed at the introductory meeting of Azerbaijani Labor & Social Protection Minister Sahil Babayev and the newly appointed Ambassador of Hungary to our country Tamas Torman.

In addition, it was noted at the meeting that the Hungarian side had awarded a grant in the amount of 25,000 euro for the demining of the liberated territories.

At the meeting it was stressed that the trade turnover of Azerbaijan and Hungary increased by 9.2% for Jan-Aug 2022.