Azerbaijan to launch bus assembly project jointly with Hungary

Azerbaijan to launch bus assembly project jointly with Hungary

BAKU, Azerbaijan, April 25. Azerbaijan is set to commence the practical implementation of a bus assembly project in collaboration with Hungary, Minister of Labor and Social Protection of the Population of Azerbaijan Sahil Babayev said during the Azerbaijan-Hungary Business Forum in Baku, TurkicWorld reports.

"Our economic bonds are extending in various avenues. Energy collaboration is notably diverse. Presently, Azerbaijani oil is being exported to Hungary, while Azerbaijani gas deliveries to Hungary commenced this year, with the volume expected to significantly rise. Discussions are actively ongoing in this realm.

The practical implementation of the Azerbaijan-Hungary bus assembly project is slated to commence shortly," the minister noted.

To note, Baku is hosting the 10th session of the Joint Commission on Economic Cooperation between the governments of Azerbaijan and Hungary.

The session is attended by a delegation headed by Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó and a delegation headed by Azerbaijani Minister of Labor and Social Protection Sahil Babayev.

The 9th session of the Joint Commission on Economic Cooperation between the governments of Azerbaijan and Hungary was held in Budapest, the capital of Hungary, on February 17 last year.