Ambassador Of Hungary Meets Deputy Chairman Senate
Fahad Shabbir (@FahadShabbir) Published October 26, 2020 | 06:20 PM
ISLAMABAD, (UrduPoint / Pakistan Point News - 26th Oct, 2020 ) :Ambassador of Hungary B�la Fazekas made a courtesy call on Deputy Chairman Senate, Saleem Mandviwalla here at Parliament House on Monday and exchanged views over trade, investment and other issues of mutual interest.
Deputy Chairman Senate, Saleem Mandviwalla while discussing trade and investment opportunities said improving inter-parliamentary relations between the two countries would help enhance business and trade ties.
He said in addition to Parliamentary Groups he would like to visit Hungary officially, along with a business delegation to explore business and trade opportunities between the two countries, said a press release.
He showed reservations towards the current USD 30 million Hungarian investments in the Pakistan and stressed the need for it to be increased. He stressed the need for promotion of tourism between the two countries as well.
Ambassador of Hungary Mr. B�la Fazekas was of the view that Parliamentary visits are an excellent means of improving and enhancing relations between the two countries.
Regarding increasing trade and investment opportunities, the Ambassador informed Deputy Chairman Senate, Saleem Mandviwalla; that for this, signing of an agreement on investment protection between the two counties is imperative. He added that a draft of the agreement had been submitted to the board of Investment (BOI) three years ago.
Ambassador of Hungary Mr. B�la Fazekas thanked Deputy Chairman Senate Saleem Mandviwalla for his hospitality and said that he looked forward to developing stronger links between the two countries through various parliamentary/business avenues.
The two leaders agreed that both countries will benefit greatly from the exchange of trade and tourism opportunities between the two countries.
Related Topics
Recent Stories
PM calls for urgent steps to make exports more competitive
Interior Minister visits site of under construction Jail in Islamabad
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 10 May 2024
Today Gold Rate in Pakistan 10 May 2024
London, Frankfurt stocks hit record highs on rate-cut hopes
May 9 culprits must be brought to logical end: Hanif Abbasi
Sanchez escapes through dust and gravel for nervy Giro triumph
Balochistan Assembly passes resolution to condemn May 9 attacks
Spain govt vows to block hostile BBVA bid for rival bank
NADRA holds open court to resolve public issues in Quetta
In south Brazil, race on to deliver aid ahead of new storms
Appeals against cipher case verdict adjourned till May 15
More Stories From Pakistan
-
PM calls for urgent steps to make exports more competitive
32 seconds ago -
Interior Minister visits site of under construction Jail in Islamabad
12 minutes ago -
ADC Revenue chairs DOPC meeting
17 minutes ago -
KP govt to establish helpline for prevention of violence against women: Mashal Yousafzai
17 minutes ago -
Hiace hits, injures bike riders
27 minutes ago -
Dense clouds changes Peshawar City’s hot weather
47 minutes ago
-
Four profiteers held
47 minutes ago -
Factory sealed for substandard production of pickle, marmalade
57 minutes ago -
FIA Peshawar zone conducted major operations against fake drugs
1 hour ago -
Man shot dead by unkonwn assistant
1 hour ago -
Mohsin Naqvi directs to complete construction work of Model Jail in Islamabad
1 hour ago -
Capital gears up to embrace plastic free environment
4 hours ago