OJSC “Guarantee Fund” and Hungarian National Trading House concluded Memorandum on cooperation

Press service of OJSC “Guarantee Fund” reported that during the signing of Memorandum, the general director of Hungarian National Trading House Shandor Rizak had noted that they were ready to provide Hungarian technologies to the Kyrgyz Republic, financing by Hungarian Export-Import Bank under guarantees of OJSC “GF” and banks and interact with entrepreneurs of the KR. To respond faster to the requirements of local business, the Hungarian party, according to Rizak, is considering the possibility of opening a representative office of Hungarian National Trading House (HNTH) in Kyrgyzstan.

Rizak also expressed admiration for the beauty of nature, the quality of drinking water, that could be exported. “On the existing undeveloped lands, forestry can be developed”, – added the general director of HNTH.

In turn, the chairman of the Board of OJSC “GF” Malik Abakirov noted that possible potential for cooperation with Hungarian National Trading House was huge, especially in the field of agriculture. “Our entrepreneurs will be able to receive seeds, young livestock, forest seedlings, new technologies and equipment, financing under guarantees of OJSC “GF”, export products to Hungary and other countries through HNTH. We are looking forward to the future cooperation, ” – Abakirov said.

In addition, the parties discussed training seminars for entrepreneurs in Kyrgyzstan and Hungary, particularly in the following areas: deep agro-processing, including meat and milk, vegetables, berries and fruits, products export and forestry.