Sahil Babayev: Trade turnover with Hungary less than potential

"Although the value of Azerbaijan's exports to Hungary increased by 67% in 2021, this figure was less than $ 2 million. The value of our trade turnover is less than its potential," Sahil Babayev, co-chair of the commission and Minister of Labor and Social Protection of Azerbaijan, said at a briefing after the 8th meeting of the Joint Commission on Economic Cooperation between Azerbaijan and Hungary.

"Last year, the value of Azerbaijan's imports from Hungary was around $ 30-35 million. There is great potential to increase this figure," he added.