The delegation will be comprised of members of Hungarian government, as well as business structures and companies operating in the spheres of industry, agriculture, consulting and banking services.
The fifth meeting of Azerbaijan-Hungary intergovernmental commission was held in April 2015 in Budapest. During that meeting, the parties signed a protocol, in accordance with which they agreed to expand the cooperation in making investments, industry, energy, tourism, agriculture, trade, environmental protection, water industry, ICT, culture, sports, science and so on.
Trade turnover between Azerbaijan and Hungary stood at $15.56 million in the first five months of 2016, and $14.74 million of this amount accounted for the import of Hungarian products, according to Azerbaijan’s State Customs Committee.
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