Ambassador: Hungary is ready to increase amount for financing cooperation with Azerbaijan

Baku. 6 July.REPORT.AZ/ 'Hungary is ready to increase amount for financing cooperation with Azerbaijan through Eximbank, if necessary'.

Report informs, Hungarian Ambassador to Azerbaijan Imre Laslotski told reporters.

According to him, within Azerbaijani-Hungarian business forum, framework agreement was signed with Azerbaijan in March this year on allocation of 200 000 000 USD credit line: 'This amount can be increased, if necessary'.

The Ambassador stressed that Eximbank has been operating with the support of the Hungarian Ministry of Foreign Affairs: 'Final decision on this issue will be adopted by Minister of Foreign Affairs and Trade Péter Szijjártó. Everything depends on whether good projects will be found. North-South international transport corridor has great chances in this regard'.

Imre Laslotski noted that Eximbank plans to open a line of credit of 5 million USD for Azerbaijan's 'PASHA Bank' to credit small and medium business.