Pakistan keen to strengthen ties with Hungary in bilateral, EU domains: President

News Image

MG News | December 03, 2019 at 03:10 PM GMT+05:00

0:00

December 03, 2019: President Dr Arif Alvi on Tuesday said Pakistan attached great importance to its relations with Hungary and was keen to strength these at bilateral level and in context of European Union.

Talking to Pakistan's ambassador-designate to Hungary Muhammad Aejaz here at Aiwan-e-Sadr, the President called the need for exploiting the true potential of bilateral trade existing between the two countries.

President Alvi said Pakistan offered a range of opportunities for investment, especially in areas of energy, agriculture and food processing, pharmaceuticals.

He urged upon the Ambassador-designate to make all-out efforts to promote Pakistan’s economic and commercial interests in Hungary and utilize existing institutional mechanisms.

The President said that Pakistan’s location at the cross roads of South, Central and West Asia made it a good strategic and economic partner for Hungary especially in the context of Hungarian policy of “Eastern Opening”.

He also lauded the Hungarian petroleum company Magyar Oil Limited (MOL) doing profitable business in Pakistan and asked the ambassador-designate to encourage other Hungarian companies to follow MOL’s success model.

He wished Ambassador-designate success for his new assignment and hoped that he would work to the best of his abilities for enhancing relations between the two countries.

APP

Related News

Name Price/Vol %Chg/NChg
KSE100 136,502.54
259.91M
1.64%
2202.77
ALLSHR 85,079.90
838.35M
1.26%
1061.74
KSE30 41,552.62
97.27M
1.81%
738.33
KMI30 193,330.76
84.69M
0.39%
741.60
KMIALLSHR 56,315.31
366.02M
0.43%
243.06
BKTi 38,498.08
37.91M
4.13%
1526.33
OGTi 28,138.38
5.66M
-0.36%
-101.89
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 120,570.00 123,615.00
118,675.00
2040.00
1.72%
BRENT CRUDE 69.11 71.53
69.05
-1.25
-1.78%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
0.25
0.26%
ROTTERDAM COAL MONTHLY 106.50 106.60
106.50
-2.20
-2.02%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.83 69.65
66.80
-1.62
-2.37%
SUGAR #11 WORLD 16.31 16.67
16.27
-0.26
-1.57%

Chart of the Day


Latest News
July 14, 2025 at 05:26 PM GMT+05:00

Gold price in Pakistan rises Rs1,600 per tola


July 14, 2025 at 04:59 PM GMT+05:00

Tax reforms focus on public ease, transparency


July 14, 2025 at 04:23 PM GMT+05:00

PSX Closing Bell: Another One Bites the High


July 14, 2025 at 04:06 PM GMT+05:00

PKR falls 25 paisa per USD



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg