Azernews.Az

Kazakhstan's Prime Minister Karim Massimov and his Hungarian counterpart Viktor Orban signed a joint declaration on strategic partnership.

The declaration was signed within Massimov's official visit to Budapest on June 3, Kazakh Prime Minister's website reported.

During the intergovernmental negotiations the parties noted that Kazakhstan is the largest trading partner of Hungary among the CIS countries.

They noted the high potential for expanding bilateral cooperation, especially in trade and economic sphere.

The meeting also mulled a wide range of issues in trade and economic, cultural and humanitarian cooperation was.

In particular, the parties considered the prospects for bilateral cooperation in the oil and gas industry, agriculture, development of non-oil sectors of the economy, and investment sphere.

"We need to bring Kazakh-Hungarian relations to a qualitatively new level of strategic partnership," Massimov stated. "There are all prerequisites and necessary legal framework for meeting this goal."

Orban, in turn, noted the mutually beneficial cooperation with Kazakhstan in various spheres of economy.

The Kazakh side invited his Hungarian counterpart to pay a return visit to Kazakhstan.

During the visit, Massimov also took part in the inauguration of Astana Street in the center of Budapest and the memorial bust of Kazakh poet Abay Kunanbayev.