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Bilawal invites Hungarian companies to invest in Pakistan

Bilawal invites Hungarian companies to invest in Pakistan

Bilawal invites Hungarian companies to invest in Pakistan

Foreign Minister Bilawal Bhutto Zardari arrived in Budapest.

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  • Foreign Minister Bilawal Bhutto Zardari arrived in Budapest
  • He urged the business community of Hungary to invest in Pakistan
  • He also met heads of companies operating in Pakistan
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ISLAMABAD: Minister for Foreign Affairs Bilawal Bhutto Zardari on Wednesday urged the business community of Hungary to take advantage of the business opportunities in Pakistan.

The foreign minister was was addressing a joint press stakeout with his Hungarian counterpart Péter Szijjártó during his one-day visit to Budapest. He said the economic engagement between the two countries was satisfactory, however there existed vast potential to expand cooperation between the two countries in multiple fields.

He said there was also a huge potential for the business cooperation between the private sectors of the two countries. The foreign minister said he looked forward to working with his Hungarian counterpart to take the bilateral ties to the new heights.

Earlier, the foreign minister met Chairman MOL Hungary Zsolt Hernadi who briefed him on MOL Hungary’s operations in energy sector in Pakistan.

The foreign minister appreciated MOL’s contribution and encouraged the company to expand operations to other parts of Pakistan in view of enormous potential in the country.

In a meeting with CEO Vitafort Zrt. Zoltan Kulik, the foreign minister highlighted the government’s investment friendly policy and expressed the hope that more Hungarian companies would invest in Pakistan.

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A day earlier, Foreign Minister Bilawal Bhutto Zardari met his Lithuanian counterpart Gabrielius Landsbergis and held talks on expanding bilateral cooperation in the areas of trade, investment and education.

The two foreign ministers, who exchanged views on regional and international issues, also signed an agreement regarding the establishment of a bilateral consultative mechanism on this occasion.

Bilawal Bhutto Zardari, who was on the historic visit of Lithuania and the first Pakistani Foreign Minister to visit the Baltic state, also visited the Lithuanian Parliament and laid a wreath at the monument of martyred freedom fighters.

He met the Speaker of Lithuanian Parliament Viktorija Čmilytė-Nielsen and highlighted the importance of parliamentary exchanges for the promotion of public contacts.

He also had a meeting with the Lithuanian Minister for Transport and Communication Marius Skuodis. The two ministers exchanged views on expanding bilateral cooperation.

 

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