Hungary and Georgia discuss cooperation opportunities for businesses
Peter Szijjarto is the first high-ranking guest to arrive in Georgia since the World Health Organization announced the coronavirus pandemic. Photo: Ministry of Infrastructure.
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Georgian Infrastructure Minister Maia Tskitishvili met with Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto earlier today to discuss cooperation opportunities between Hungarian and Georgian companies, including the development of the water sector.
Peter Szijjarto is the first high-ranking guest to arrive in Georgia since the World Health Organization announced the coronavirus pandemic.
Hungary is our friend country and supports us in our Euro-Atlantic aspirations,” said Tskitishvili.
The ministers discussed the prospects of cooperation between Georgian and Hungarian businesses within a $155 million credit line allocated by the Hungarian government to stimulate business.
Szijjarto has also met with Georgian Prime Minister Giorgi Gakharia earlier today and said that Georgia has a favourable business environment and Hungarian companies are interested in open businesses in the country, citing the activities of Hungarian airlines Wizz Air in Georgia.
Szijjarto explained that 'the line of credit will be used by Hungarian businessmen aiming to invest in Georgia' and expressed hope that the line of credit will be fully utilised.
Hungary EXIM Bank is opening a €155 million investment line for Georgia, announces Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto who is visiting Georgia.
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