Iran, Hungary sign several documents on mutual co-op

Iran and Hungary signed eight memorandums of understanding (MoU) on mutual cooperation, Iran’s state IRINN TV reported Nov. 30.

Hungary’s Prime Minister Viktor Orban, heading a delegation of representatives of 95 firms arrived in Tehran Nov. 30 to discuss bilateral ties with senior Iranian officials including President Hassan Rouhani.

It is the first visit of a Hungarian prime minister to the Islamic Republic in the last 27 years.

The two sides signed documents for cooperation in various sectors including health, ICT, tourism, culture, science and education as well as investment promotion, double taxation avoidance and prevention of tax evasion on the sidelines of the meeting between Orban and Iran’s first vice-president, Eshaq Jahangiri in Tehran’s Saadabad Palace.

Iran and Hungary intend to convene an economic forum to study expansion of Tehran-Budapest cooperation.

Visiting Hungarian firms are active in the spheres of healthcare and biotechnology, energy, information and communication technologies, forestry and wood industry, environment and renewable energy, consultation and services, construction and engineering services, beauty industry, and agriculture and food industry.

Earlier in May, Rouhani expressed his country’s readiness to develop political, economic, and cultural ties with Hungary during a meeting with Hungarian Foreign Minister Peter Szijjarto.

/By Trend/