Ambassador: Hungarian companies have invested USD 2 billion in Azerbaijan's economy

apa.az · economy
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An Azerbaijani ambassador said Hungarian companies have invested about two billion US dollars in Azerbaijan’s economy. He presented the total as a measure of the commercial relationship between the two countries. The statement did not name the businesses involved or show how the investment was divided among industries. The ambassador gave no timeline for the money, leaving it unclear whether the figure covers completed projects or future commitments. Details about individual deals and their financing arrangements were not included. Azerbaijan has pursued closer economic ties with Europe, while Hungarian business interests extend across its market.

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