Hungarian companies to participate in reconstruction of settlement in Azerbaijan's Karabakh - minister

  21 August 2023    Read: 1104
Hungarian companies to participate in reconstruction of settlement in Azerbaijan

Hungarian companies will participate in the reconstruction of the Soltanli settlement of Azerbaijan's Karabakh, Minister of Foreign Affairs and Foreign Economic Relations of Hungary Peter Szijjarto said, AzVision.az reports.

"An Azerbaijani government-approved consortium of Hungarian firms will carry out the reconstruction," he said.

He also added that Hungary and Azerbaijan have taken their energy cooperation to a new level with the establishment of a physical gas transportation connection through a storage contract.

"This signifies a significant step in our bilateral strategic collaboration. Hungary and Azerbaijan have initiated a gas supply agreement involving the storage of 50 million cubic meters of gas in Hungary, and the gas flow has already commenced. This development is viewed as a positive contribution to Hungary's energy security," Szijjarto noted.


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