{"id":80640,"date":"2021-10-17T09:20:00","date_gmt":"2021-10-17T04:20:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=80640"},"modified":"2021-10-15T16:30:33","modified_gmt":"2021-10-15T11:30:33","slug":"hungary-pakistan-bilateral-trade-to-rise-to-usd-250-mn","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/hungary-pakistan-bilateral-trade-to-rise-to-usd-250-mn.html","title":{"rendered":"Hungary-Pakistan bilateral trade to rise to USD 250 mn"},"content":{"rendered":"\n<p>Islamabad: Ambassador of Hungary to Pakistan B\u00e9la Fazekas on Wednesday (October 13) vowed to increase bilateral trade with Pakistan to USD 250 million, news sources reported. <\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/hungary-offers-to-help-lahore-with-water-crisis.html\" target=\"_blank\" rel=\"noreferrer noopener\">Hungary offers to help Lahore with water crisis<\/a><\/p>\n\n\n\n<p>In a meeting with Zafar Bakhtawari, former President of the Islamabad Chamber of Commerce and Industry (ICCI), he stated that the commercial potential between the two countries is enormous and that there are many unexplored opportunities. According to the ambassador, bilateral trade between the two nations has dropped to USD 50 million, from USD 150 million in 2008. On the occasion, the ambassador also stated that the Hungarian government is considering signing a series of Memorandums of Understanding (MoUs) and launching direct flights between the two countries to benefit from tourism potential and increased people-to-people contact, which would aid in the development of bilateral relations. <\/p>\n\n\n\n<p> <strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/taxation-treaties-with-38-countries-to-be-reviewed.html\" target=\"_blank\" rel=\"noreferrer noopener\">Taxation treaties with 38 countries to be reviewed<\/a><\/p>\n\n\n\n<p>During the meeting, ICCI President Bakhtawari stated that with the completion of Gwadar port, commerce would quickly take up speed, as it will improve connection and ties with the Central Asia Republics (CARs). On the occasion, the former vice president ICICI vice president Ahsan Bakhtawari was also present. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Ambassador of Hungary to Pakistan B\u00e9la Fazekas on Wednesday (October 13) vowed to increase bilateral trade with Pakistan to USD 250 million, news sources reported. Read: Hungary offers to help Lahore with water crisis In a meeting with Zafar Bakhtawari, former President of the Islamabad Chamber of Commerce and Industry (ICCI), he stated that the commercial potential between the two countries is enormous and that there are many unexplored opportunities. According to the ambassador, bilateral trade between the two nations has dropped to USD 50 million, from USD 150 million in 2008. On the occasion, the ambassador also stated that the Hungarian government is considering signing a series of Memorandums of Understanding (MoUs) and launching direct flights between the two countries to benefit from tourism potential and increased people-to-people contact, which would aid in the development of bilateral relations. Read: Taxation treaties with 38 countries to be reviewed During the meeting, ICCI President Bakhtawari stated that with the completion of Gwadar port, commerce would quickly take up speed, as it will improve connection and ties with the Central Asia Republics (CARs). On the occasion, the former vice president ICICI vice president Ahsan Bakhtawari was also present.<\/p>\n","protected":false},"author":75,"featured_media":80641,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15016,15153],"tags":[48959],"persona":[],"class_list":{"0":"post-80640","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-developments","8":"category-trade","9":"tag-hungary-pakistan-bilateral-trade-to-rise-to-usd-250-mn","10":"cat-15016-id","11":"cat-15153-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Hungary-Pakistan bilateral trade to rise to USD 250 mn - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: Ambassador of Hungary to Pakistan B\u00e9la Fazekas on Wednesday (October 13) vowed to increase bilateral trade with Pakistan to USD 250 million,\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/hungary-pakistan-bilateral-trade-to-rise-to-usd-250-mn.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hungary-Pakistan bilateral trade to rise to USD 250 mn - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: Ambassador of Hungary to Pakistan B\u00e9la Fazekas on Wednesday (October 13) vowed to increase bilateral trade with Pakistan to USD 250 million,\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/hungary-pakistan-bilateral-trade-to-rise-to-usd-250-mn.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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