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Major Hungary Companies to Invest in Pakistan

According to Peter Szijjarto, the foreign minister, big corporations in the food, technological, medical, and information technology industries planned to invest in Pakistan.

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The “Trade & Economic Window,” a platform for collaboration in many areas and the investigation of collaborative projects in energy, information technology, and tourism, was recently unveiled by Pakistan and Hungary.

In a significant step for the Ministry of Foreign Affairs in terms of economic diplomacy, Foreign Minister Qureshi and his Hungarian colleague Peter Szijjarto established the Hungary-Pakistan Trade & Economic Window and the first bilateral Business Forum via video link.

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Qureshi asserted that Pakistan was ready to host the second meeting of the Pakistan-Hungary Joint Economic Commission soon.

He claimed that improving high-level ties between the two nations may boost the volume of bilateral trade.

In order to improve bilateral food security collaboration, he said that the Agricultural University of Hungary was in touch with the Agriculture Council of Pakistan.

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