Hungary and Mongolia are both successful countries and we have a common interest in sharing this success, Hungarian Prime Minister Viktor Orban said in Ulaanbaatar.
During his three-day official visit, Hungarian Prime Minister Viktor Orban held talks in the capital of Mongolia with counterpart Chimediin Saikhanbileg on Monday. “Over the past years, Mongolia has developed at a tremendous rate and Hungary’s economic performance is outstanding in European comparison,” Orban told a press conference, adding that Mongolia showed interest in jointly harnessing the two countries’ capabilities.
He said his visit would help to deepen the two countries’ friendship and business cooperation. Orban noted that Hungary reopened its embassy in the Mongolian capital last year. “We have returned to Mongolia,” he said, noting that his delegation comprises 50 leaders of successful Hungarian businesses seeking cooperation with local companies. The prime minister welcomed the signing of bilateral agreements, including an agreement on Hungary’s Eximbank opening a 25 million dollar credit line to finance the revamp of a Mongolian bioplant, a protocol on reviewing contracts, as well as a letter of intent on cooperation between Eximbank and the Mongolian Development Bank.
