Trade volume between Kazakhstan and Hungary reaches $200 million in 2024

Trade volume between Kazakhstan and Hungary reaches $200 million in 2024

In Budapest, President Kassym-Jomart Tokayev held talks with Hungarian Prime Minister Viktor Orban, prioritizing bilateral trade, economic and investment cooperation. In turn, Orban noted the positive dynamics of Kazakh-Hungarian relations, especially in the economic sector. Last year, the volume of mutual trade between the countries reached nearly $200 million, and in the first quarter of this year, trade turnover grew by 37%. Currently, the parties are implementing 16 projects worth $700 million in mechanical engineering, agriculture, and logistics. During the meeting, Tokayev reaffirmed Kazakhstan’s commitment to constructive dialogue in all priority areas of the Organization of Turkic States.