The Hungarian-Mongolian Business Forum organized by the Hungarian Chamber of Commerce and Industry and the Mongolian National Chamber of Commerce and Industry, which was also supported by Hungary’s Ministry for National Economy, held on 8 October 2013 in Budapest was an event which attracted great interest.

The business forum was held after the fourth annual meeting of the Hungarian-Mongolian Joint Committee on Economic Cooperation (JCEC) where Minister of State for Economic Regulation and the Hungarian Co-Chairman of the JCEC Kristóf Szatmáry, President of the Hungarian Chamber of Commerce and Industry Dr László Parragh, Mongolia’s Minister for Environmental Protection and Green Development and the Mongolian Co-Chairwoman of the JCEC Oyun Sanajasuuren as well as General Director of the National Bank of Hungary Dr Róza Nagy delivered welcome speeches. The speakers presented the achievements of the Budapest session of the Hungarian-Mongolian Joint Committee on Economic Cooperation, emphasizing the numerous options available for improving bilateral economic relations.

At the event, representatives of the Hungarian Chamber of Commerce and Industry, the Budapest Chamber of Commerce and Industry as well as those of the National Chamber of Agriculture signed cooperation agreements along with the representatives of the Mongolian National Chamber of Commerce and Industry.

After the business forum, the Hungarian-Mongolian arm of the Hungarian Chamber of Commerce and Trade was established with the main aim of expanding business relations.

(Ministry for National Economy)