At the meeting held at the Ministry of Economy with the Ambassador-at-Large for the Development of Hungary's External Economic Relations, the expansion of economic cooperation was discussed.
Economy Minister Mikayil Jabbarov met with Gellert Yasai, Hungary’s Ambassador-at-Large for the Development of Foreign Economic Relations and Chairman of “4iG Space and Defence Technologies Plc.”
The successful development of Azerbaijan-Hungary economic and trade relations, particularly existing cooperation in the energy sector, was highlighted. The importance of mutually beneficial collaboration was emphasized, and future partnership prospects were discussed.
The meeting highlighted Azerbaijan's favorable business environment. It was noted that “4iG Space and Defence Technologies Plc.” is interested in investing in the country’s developing ecosystem.
The parties exchanged views on expanding trade and investment, transportation and transit cooperation, establishing joint ventures in industrial zones, and opportunities for technology transfer.
It should be noted that “4iG Group” is a Hungarian information technology (IT) and telecommunications company. Its main areas of activity include IT services, telecommunications, satellite technologies, and the space industry.
