Iranian envoy to Budapest Mohammad Reza Morshedzadeh and governor of Hungarys Central Bank in a meeting on Friday underlined the need for establishment of banking operations between the two countries which is line with strengthening of bilateral ties.
The governor of Hungarys Central Bank felicitated Iran on conclusion of the nuclear agreement with the western countries, and expressed the hope that such measures will result in boosting banking cooperation between Iran and Hungary.
The Iranian ambassador, for his part, pointed to the recent visit of Hungarian prime minister to Iran which ended after concluding 10 agreements between the two countries, and said, It goes without saying that planning for boosting economic and trade cooperation is impossible without creating a link and establishing banking operations between the two countries.
By removing the Wests oppressive sanctions against Iran, the European and non-European countries traders, businessmen and bankers have rushed to Iran and it seems that under the new conditions, the grounds will be paved for boosting economic and banking cooperation between Iran and Hungary more than before, Morshedzadeh added.
Source: IRNA- Date: (6 February 2016)