AKIPRESS.COM - In the framework of his three-day official visit, Hungarian Prime Minister Viktor Orbán held talks in the capital of Mongolia with his counterpart Chimed Saikhanbileg, reports Magyar Hírlap.

“Over the past years, Mongolia has developed at a tremendous rate and Hungary’s economic performance is outstanding in European comparison,” Orbán told the later press conference, adding that Mongolia showed interest in jointly harnessing the two countries’ capabilities.

He said his visit would help to deepen the two countries’ friendship and business cooperation.

Orbán noted that his delegation comprised 50 leaders of successful Hungarian businesses seeking cooperation with local companies. He also welcomed the signing of bilateral agreements, including an agreement on Hungary’s Eximbank opening a 25-million-dollar credit line to finance the revamp of a Mongolian bioplant, a protocol on reviewing contracts, as well as a letter of intent on cooperation between Eximbank and the Mongolian Development Bank.