Kazakh, Hungarian heads of governments attend business forum in Astana

ASTANA. KAZINFORM - Kazakh Prime Minister Karim Massimov and Prime Minister of Hungary Viktor Orbán have attended a business forum in Astana.
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"The business forum underlines the growing interest among the business communities of both countries. I am sure that there are all necessary conditions for moving our cooperation to a new level. The government is interested in creating an even greater number of joint ventures," said K. Massimov in his welcoming speech to the participants of the forum. "When we come to Kazakhstan we have close people here. It is a strange feeling for us but it is true. This is the phenomenon that does not even require further study. Kazakhstan and Hungary have not only business relations. Our countries and people have a common history," said Hungarian Prime Minister Viktor Orbán. Following the forum it is planned to ink a number of memoranda of collaboration in oil and gas, trade and finance, medical equipment, training and development of human resources.

Memorandum of cooperation in the field of training and development of human resources will be signed by JSC "KazMunaiGas" and «MOL Hungarian Oil and Gas Plc» company; an intention memo was inked by representatives of JSC "EP" KazMunaiGas", JSC «MOL Hungarian Oil and Gas Plc», "FIOK" company, LLP "Ural Oil and Gas", as well as LLP "Zhaikmunaygaz"; a cooperation agreement has been concluded by "Hungarian Fur Trade Organization" and "Kazakhstan fur trade and industry association". Recall the over the last 10 years bilateral trade volume between Kazakhstan and Hungary has increased by $8 million.

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