Iran, Hungary Sign 8 Cooperation Documents in Tehran

TEHRAN (Tasnim) – Iranian and Hungarian officials on Monday inked several documents on cooperation in various areas including economy and tourism.

Iran, Hungary Sign 8 Cooperation Documents in Tehran

Eight cooperation documents were signed in a ceremony attended by Iran’s First Vice-President Eshaq Jahangiri and Hungary’s Prime Minister Victor Orban.

A document on political consultation and cooperation between Iranian and Hungarian ministries of foreign affairs, a Memorandum of Understanding (MoU) on avoiding additional taxation and preventing tax evasion, and an agreement on economic cooperation were among the documents signed by the two countries.

They also inked a plan on investment incentives, an MoU on tourism and cultural heritage, an MoU on cultural, scientific, and educational exchanges, an MoU on medical and health cooperation, and a cooperation document on information technology.

The ceremony held in Tehran was also attended by Iran’s Minister of Foreign Affairs Mohammad Javad Zarif, Minister of Health Seyed Hassan Qazizadeh Hashemi, Economy Minister Ali Tayyebnia, Minister of Industry, Mine, and Trade Mohammad Reza Nematzadeh, Minister of Culture and Islamic Guidance Ali Jannati, and Minister of Agriculture Mahmoud Hojjati.

Hungarian PM Orban, who arrived in Tehran on Monday, is leading a group of 120 economic activists, businessmen and officials from the European country’s banks in his visit.

The visit is the first by a Hungarian prime minister to the Islamic Republic in the last 27 years.

It came against the backdrop of a new wave of interest in ties with Iran after Tehran and the Group 5+1 (Russia, China, the US, Britain, France and Germany) on July 14 reached a conclusion over the text of a comprehensive 159-page deal on Tehran's nuclear program.

The comprehensive nuclear deal between Iran and the six powers would terminate all nuclear-related sanctions imposed on Iran after coming into force.

Experts believe that Iran’s economic growth would rise remarkably after the final nuclear deal takes effect.

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