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Home›Hungary economy›Hungary joins IFAS as an observer

Hungary joins IFAS as an observer

By Arthur Holmes
October 20, 2021
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MTI – Econews

Wednesday, October 20, 2021, 2:30 p.m.

Image from Shutterstock.com

Hungary joins the International Fund for the Safeguarding of the Aral Sea (IFAS) as an observer, Foreign and Trade Minister Péter Szijjártó said on Wednesday at a regional event in Dushanbe, the capital of Tajikistan , to prepare for the 9th World Water Forum. , according to a report by the state news wire MTI.

IFAS, an initiative of Central Asian states to improve the social, economic and ecological situation in the Aral Sea basin, is meeting a challenge not only for the region but for the whole world, Szijjártó said.

He noted that Hungary has the highest level technology, as well as experience, in the field of water management, adding that many Hungarian companies have participated in setting up water treatment facilities. wastewater in Asia and Africa.

He said Magyar Eximbank has opened a $ 30 million line of credit to support partnerships between companies in Hungary and Tajikistan.

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