Tag Archives | Hungary

Cabinet Backs Iran-Hungary Investment

The Council of Ministers convened on Sunday in a session that was chaired by President Rouhani and approved the bill on mutual support of investment between the governments of Iran and Hungary. The bill will now be forwarded to the Islamic Consultative Assembly for ratification. Strengthening economic cooperation in order to achieve mutual interests of […]

Hungarian Bus-Maker to supply Iran

By John Lee. Hungarian bus maker Ikarus has reportedly signed an agreement to export 1,000 buses to Iran. Company Chairman Gábor Széles was among a 20-strong business delegation on an official visit to Iran last the weekend. The quantity is equivalet to one-third of full year’s production for the company. According to Budapest Business Journal, […]

Hungary’s MOL considers Iran Oil Projects

Iranian Deputy Oil Minister for International Affairs Amir Hossein Zamaninia said Hungarian oil and gas group MOL has expressed willingness to enter into partnership with Iranian firms and join the country’s oil and projects. “Presence and partnership in natural gas export projects in Iran and construction of gas pipelines were the main areas MOL has […]

Iran, Hungary to Develop Mini Nuclear Power Plant

Iran and Hungary have agreed to cooperate in a joint mini nuclear power plant project, a Hungarian official announced. Tehran and Budapest will create a small nuclear reactor for scientific and educational purposes, Prime Minister Viktor Orban’s chief of staff Janos Lazar said on Thursday. “When the Prime Minister was there, we undertook to take […]

Iran to Cooperate with Hungary in Oil, Gas Trade

The Minister of Economy and Finance, Ali Tayebnia, says Iran can cooperate with Hungary in oil and gas trade. Tayebnia made the remark in a meeting with Hungarian National Assembly Speaker László Kövér in Tehran this week. Referring to vast potential of Iran and Hungary for cooperation, the minister said Iran and Hungary can embark […]

Iran, Azerbaijan to build Rasht-Astra Railway

Iran’s ambassador to Azerbaijan said the two countries are “seriously” resolved to complete the Rasht-Astara railway project and that they will continue talks on a $500-million loan from Baku to finance the project. “Regarding Rasht-Astara railway, both Iran and Azerbaijan are seriously determined to complete (the project),” Mohsen Pak-Ayeen told reporters in Tehran. He added […]

Hungary sign 3 MoUs on Economic Cooperation

The Iranian Minister of Economic Affairs and Finance, Ali Tayyebnia, and the Prime Minister of Hungary, Viktor Orbán, signed 3 MoUs on economic cooperation, including agreement on the avoidance of double taxation and prevention of tax evasion, agreement on economic cooperation, and agreement on starting negotiations to finalize the agreement on encouragement and mutual protection […]

Iran gives 30-day visas at airports

By John Lee. Iran is to start issuing 30-day visas for tourists from 58 countries upon arrival at its airports. The Persian-language newspaper Donya-ye Eqtesad says the visas can be extended by 15 more days. Foreign tourists could previously get 14-day visas at Iran’s airports and their visas could not be extended. Eligible countries are: […]