Kazakhstan, Hungary signal strategic agreements to bolster partnership

Kazakhstan, Hungary signal strategic agreements to bolster partnership

ASTANA, Kazakhstan, November 21. Kazakhstan and
Hungary have formalized their dedication to strengthening strategic
ties via the signing of a Joint Assertion and a number of other key
agreements, Pattern
stories.

The ceremony adopted high-level talks between Kazakh President
Kassym-Jomart Tokayev and Hungarian Prime Minister Viktor Orbán in
Budapest.

The agreements signed by members of each delegations
embody:

1. Memorandum of Understanding on Consular Cooperation between
the Kazakh Ministry of International Affairs and Hungary’s Ministry of
International Affairs and Commerce, geared toward enhancing mutual assist in
consular issues.

2. Funding Cooperation Settlement between Kazakhstan’s
Samruk-Kazyna Fund and Hungary’s Nationwide Capital Holding, targeted
on joint funding initiatives.




3. Tripartite Framework Settlement amongst Kazakhstan’s Ministry of
Agriculture, Kazakh Make investments, and Hungary’s UBM Group to determine
tasks for feed and premix manufacturing in Kazakhstan.

4. Logistics Partnership Memorandum between Kazakhstan’s
Nationwide Railway Firm (KTZ), Hungary’s L.A.C. Holding, and
China’s Xi’an Free Commerce Port, to increase transport and commerce
hyperlinks.

5. Oil and Fuel Collaboration Memorandum between KazMunayGas and
Hungary’s MOL Group, setting the stage for enhanced cooperation in
the power sector.

6. Banking Cooperation Memorandum between Kazakhstan’s Monetary
Regulation and Growth Company and Hungary’s Nationwide Financial institution,
geared toward fostering ties in monetary providers.

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