Hungary ready to take part in reconstruction of Karabakh
Azerbaijan and Hungary discussed how Hungarian companies can participate in the reconstruction of areas previously affected by Second Karabakh war, Hungarian Minister for Foreign Affairs and Trade, the Hungarian co-chair of the Hungarian-Azerbaijan IGC Péter Szijjártó wrote on his official Facebook page.
Szijjártó noted that the topic was discussed during a video conference with Sahil Babayev, the Azerbaijani Minister for Labor and Social Welfare, Co-Chair of the Hungarian-Azerbaijani Joint Economic Committee.
Szijjártó’s said there is no doubt that the Nagorno-Karabakh conflict has been among what has made headlines in the international press alongside the COVID-19 pandemic.
"Hungary has always stood up for the territorial integrity of Azerbaijan. After the end of the conflict, we have now discussed how Hungarian companies can participate in the reconstruction of areas previously affected by the war," he said.
Szijjártó added that the Azerbaijani side welcomed this intention, and Hungarian EximBank has opened a $100 million credit line for Hungarian companies intending to participate in the reconstruction program. In order to reduce the consequences of the war, Hungary also offered a grant of 25,000 euros for de-mining activities, he said.