Hungary, Pakistan vow to boost economic ties

22 Oct, 2018

In a significant move, Hungary and Pakistan have reiterated to strengthen mutual cooperation in improving their diplomatic and economic ties. The development followed a recent meeting between Hungary's Ambassador to Pakistan H.E. István Szabó and MOL Group's Regional Vice President for Middle East, Africa & Pakistan Ali Murtaza Abbas, with Shehryar Khan Afridi, Minister of State for Interior.
The Hungarian envoy briefed the minister about business prospects pursued by Hungary's different business groups in Pakistan. In this regard, he mentioned the role of MOL Pakistan as a flagship corporate entity of Hungarian-Pakistani bilateral cooperation. "MOL Pakistan is the largest Hungarian investment in Pakistan that contributes to addressing the energy demands of the host country, significantly". The envoy also expressed Hungarian government's keen willingness to work with new governments in Pakistan at the centre and provinces.-PR

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