Pakistan to hold trade exhibition in Hungary to enhance exports

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ISLAMABAD, June 28 (APP): Pakistan would hold a trade exhibition and a business forum in Hungary in an effort to enhance its exports in the eastern part of Europe.

According to official sources here on Tuesday, the Hungarian companies can benefit from investing in the agricultural technology, food processing, dairy processing,infrastructure building, renewable energy, information technology, water management and transportation and waste management.

Hungary is also opening its business office in Karachi which would be helpful in establishing business-to-business contacts and provide first hand opportunities of trade and investment arising in both countries.

As many as 80 scholarships were being provided to Pakistani students in order to impart them technical expertise achieved by the Hungarian institutions and to link-up the people of two countries.

Hungarian Export Import (Exim) Bank was open for credit lines which would provide the crucial financial facility for enhancing mutual trade.

There was an increased interest among Pakistani businessmen to trade with Hungary as was evident from the business visas which increased 10% last year.