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Iran, Hungary keen to enhance economic ties

Xinhua, April 9, 2017 Adjust font size:

Iran and Hungary underlined the need for broadening mutual cooperation particularly in trade and economic fields, semi-official Fars news agency reported on Sunday.

"Both sides have an interest in improvement of parliamentary and economic ties, especially now that conditions are set for increasing trade transactions with Hungary," Iranian Parliament Speaker Ali Larijani said in a meeting with visiting Hungarian Deputy Prime Minister Zsolt Semjen.

For his part, Semjen underlined Iran's capacities to attract investments by Hungarian companies, saying "We welcome broadening of relations in agriculture and new energies."

"Hungary remained in Iran's side during hard times of the nuclear sanctions," he added.

On Saturday, Iran and Hungary signed a memorandum of understanding to cooperate in nuclear technology. Endit