The meeting with the ambassador of Hungary has taken place in the Union of Industrialists and Entrepreneurs.

The meeting with the Ambassador Extraordinary and Plenipotentiary of Hungary in Turkmenistan Peter Santo has taken place in the Union of Industrialists and Entrepreneurs on July, 26th.

The Chairman of the Union of Industrialists and Entrepreneurs of Turkmenistan has acquainted the plenipotentiary envoy of the friendly country with branches of activity of the organization headed by him, achievements of Turkmen entrepreneurs in various branches of economy. The special accent has been made on a realization of large investment projects by members of the Union of Industrialists and Entrepreneurs of Turkmenistan, and also successes in a production of construction materials, in the food-processing industry, development of gardening, livestock breeding and poultry farming.

Upon that it was stressed that the measures undertaken by the President of Turkmenistan on the support of small and medium business, promote the development of the export potential of representatives of private business, the organization of activity of joint venture companies and interactions with foreign colleagues. Efficiency of work of representations and trading houses of the Union of Industrialists and Entrepreneurs of Turkmenistan in foreign countries, and also carrying out of business forums and exhibition arrangements was stressed in this context.

Having noted stability of Turkmen economy, an appeal of the investment climate created in our country and presence of huge potential for development of the Turkmen-Hungarian mutually beneficial trade and economic cooperation, Ambassador has spoken out for expansion of entrepreneurs contacts of two countries to which he intends to promote entirely.

As it was stressed, good prospects for expansion of these contacts are available in the field of agriculture, car industry, food-processing industry and other branches. In particular, cooperation with the Hungarian companies in the field of livestock breeding and veterinary science, due to their wide experience in these directions became a subject of interested discussion. In this connection chairman of the Union of Industrialists and Entrepreneurs of Turkmenistan gave the invitation to the Hungarian colleagues to take part in the Turkmen-Austrian business forum planned for September aimed at activization of trading contacts and investment partnership with representatives of the European business.

The representative of administration of the Union of Industrialists and Entrepreneurs of Turkmenistan, the head of the International Department, the editor of the newspaper “Rysgal” also took part in the meeting.