Orbán, Szijjártó announce credit, tied aid on trip to Cape Verde
Magyar Eximbank will open a EUR 15 million credit line to support business ties between Hungary and Cape Verde. Hungary is also preparing a EUR 35 mln tied aid agreement to support investments in agriculture and water management.
Prime Minister Viktor Orbán (left) in Praia, in talks with Cape Verde President Jorge Carlos Fonseca (right) (photo: Balázs Szecsődi / Prime Ministerʼs Press Office)
Hungary will sign an economic protection agreement and a treaty on avoidance of double taxation with Cape Verde, Minister of Foreign Affairs and Trade Péter Szijjártó told state news agency MTI by telephone from the countryʼs capital Praia. A joint economic committee of the two countries will also be established, he added.
Hungary is urging closer economic cooperation between the European Union and Cape Verde, said Szijjártó, who travelled to the island nation with a delegation led by Prime Minister Viktor Orbán.
During the two-day visit, the Hungarian delegation is holding talks with Cape Verde President Jorge Carlos Fonseca, President of the National Assembly Jorge Pedro Mauríció dos Santos, and Prime Minister Ulisses Correia e Silva, official Hungarian government website kormany.hu reported.
MOL Shareholders Approve Dividend of Around HUF 250/Share
Gov't Awards HUF 6.5 bln of Subsidies to SMEs in Underdevelo...
Hungary's Largest ESG Consultancy Formed by Merger of EY, De...
Liz & Chain Rooftop Bar Debuts Sustainable Cocktails
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
