ISLAMABAD: Minister for Commerce and Industry Khurram Dastagir Khan said on Friday that Pakistan would hold trade exhibition and a business forum in Hungary to enhance Pakistan’s exports in the Eastern part of Europe.

He said this during a meeting with the Ambassador of Hungary to Pakistan Istvan Szabo who called on him in Islamabad.

Dastagir told the envoy that Pakistan has made effective policies for the international investors in the agricultural technology, food processing, dairy processing, renewable energy, and information technology and the Hungarian companies could benefit from that.

On the occasion, the Hungarian envoy said that Hungary is opening its business office in Karachi which would be helpful in establishing the business to business contacts and provide first-hand opportunities of trade and investment arising in both countries.

The envoy said that Hungary will also provide 80 scholarships to Pakistani students in order to impart the technical expertise achieved by the Hungarian institutions and to link up the people of two countries.

The Ambassador informed the Minister that the Hungarian Export-Import (Exim) Bank was open for credit lines which would provide the crucial financial facility for enhancing mutual trade.

He also invited Dastagir to visit Hungary.