ISLAMABAD: Ambassador of Hungary to Pakistan Béla Fazekas has said that Pakistan is an important trade partner of Hungary and both countries have the ability and willingness to further strengthen mutual trade and economic ties.

There are vast opportunities for enhancing bilateral cooperation in different sectors including agriculture, water resource management, energy, information technology, food and tourism, the envoy said while talking to All Pakistan Business Forum President Maaz Mahmood and Secretary-General Khurram Niaz, in a meeting held in his office.

Both sides discussed the roadmap for developing a platform to increase bilateral trade between the two countries, and the available opportunities of enhancing mutual cooperation. Béla Fazekas expressed his intention to visit industrial estates in Pakistan on the invitation of the APBF President. He observed that Hungary attaches special importance to this region because of cultural and historical similarities as well as security reasons. The Ambassador added that his country values and respects Pakistan’s contributions to ensure security and stability in the region.

Ambassador Bela appreciated the role of APBF, saying that it is the beginning of a great era between Hungary and Pakistan to import and export agricultural products from both sides. Pakistan ambassador in Hungary Dr. Muhemmed Aejaz, while talking to APBF President said that the Embassy of Pakistan in Budapest is on the look for new opportunities and ways to enhance investments from Hungary to Pakistan and identify opportunities for promoting Pakistan’s quality exports.

APBF President Syed Maaz Mahmood appreciated the role of Pakistan’s Ambassador to Hungary Muhammed Aejaz and Hungarian Embassy in Islamabad to persuade its companies’ representatives to visit Pakistan and study its food sector’s market for partnerships and investment and to find new business openings.

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