Iran-Hungary Trade Estimated to Reach $100m
Economy, Business And Markets

Iran-Hungary Trade Estimated to Reach $100m

Iran-Hungary trade is estimated to reach $100 million by the end of the current Iranian year (March 20, 2018), Iranian Minister of Industries, Mining and Trade Mohammad Shariatmadari said in a meeting on Monday with Hungary’s Minister of National Economy Mihaly Varga in Tehran. “Last year, trade between the two countries increased by 100%,” Shariatmadari was quoted as saying by IRNA. According to Varga, bilateral trade has experienced a twofold increase since the nuclear deal officially known as the Joint Comprehensive Plan of Action was signed between Iran and the world powers in 2015. Varga met with his Iranian counterpart, Masoud Karbasian, as well as Chairman of Iran Chamber of Commerce, Industries, Mines and Agriculture Gholamhossein Shafei, on Sunday where four memoranda of understanding were signed between Iranian and Hungarian businesses, IRNA reported. 

Short URL : https://goo.gl/XKUGkp
  1. https://goo.gl/uop2hY
  • https://goo.gl/i3nL8a
  • https://goo.gl/EbNXut
  • https://goo.gl/oCBJmQ
  • https://goo.gl/o6Jfea

You can also read ...

EU Rushes to Protect Economic Interests in Iran
With a reputation of a slow-working institution that only gets...
Swiss Firms Preparing to Quit Iranian  Market Over US Sanctions Risks
Several Swiss newspapers on Sunday reported that Swiss firms...
Chabahar’s Shahid Beheshti Port: Cheapest Business Option in Region
With new moderated prices for services offered at Chabahar’s...
German Companies Cannot Be  “Totally Shielded” From US Iran Move
The German government will help German firms with business in...
New Report Reveals Banks’ NPL Ratio Gap
A senior member of Majlis Article 90 Commission presented the...
Google Stands to Lose Up to $4.3b in UK Privacy Suit
Google appeared in a UK court on Monday to argue against a...
HTC’s Next Flagship Specs Leaked
A testing subdomain on HTC’s website has confirmed the already...
Russian Railways: Iranian Project Not Subject to US Sanctions
The state monopoly Russian Railways considers its project on...

Add new comment

Read our comment policy before posting your viewpoints