Pakistan, Hungary to enhance bilateral trade, economic cooperation

According to initial details, Pakistan Finance Minister Shah Mahmood Qureshi and Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó will jointly conduct the virtual ribbon cutting of the #HPTEW launching ceremony.

Pakistan's Ambassador to Hungary Dr Muhemmed Aejaz and Hungarian Ambassador to Pakistan Bela Fazekas will also attend the online session where B2B meetings of both Pakistan and Hungarian business community will also be arranged.

In the wake of COVID-19 pandemic, as the importance of virtual communication has increased manifold, the launch of ‘Hungary-Pakistan Trade & Economic Window’-#HPTEW will promote two-way trade links and strengthen understanding between Pakistan and Hungary.

The virtual business platform is aimed at enhancing bilateral trade and economic cooperation between the two countries. However, the Window is a complete and user-friendly online resource of both countries’ business information in post-COVID-19 perspective.

The online platform is also showcasing information regarding Hungarian businesses, which show interest to establish joint ventures with Pakistani companies. Likewise, the data of Pakistani companies will be available on the portal for those who are keen to initiate cooperation with their Hungarian partners.