MNA – Viktor Orbán, the Prime Minister of Hungary received, on Wednesday, Iran's Economy Minister Ali Tayyebnia who is visiting Budapest.

“Iran plays a very important role in preserving peace and stability in the Persian Gulf,” said Viktor Orbán, the Prime Minister of Hungary, on Wednesday, while meeting with Ali Tayyebnia, Iranian Finance and Economic Affairs Minister, on Wednesday in Budapest.

The Hungarian premier stressed on bilateral ties between Tehran and Budapest, especially in areas of economy and Energy. He also called for expansion of joint economic cooperation between the two countries.

Both sides in this meeting underlined the importance of banking relations between the two countries and the removal of barriers ahead of expansion of economic ties. Allocating banking lines of credit was believed by both officials to contribute to strong economic activities, flexibility in importing and exporting goods, and increase in the volume of trade between the two countries.

During the meeting which was also attended by Péter Szijjártó, Hungarian Minister of Foreign Affairs and Trade, both the Iranian and Hungarian sides voiced their satisfaction with successful run of the joint economic commission of the two countries and the MoUs signed afterward. The two sides called for more efforts to put into practice the agreements signed between the two countries to guarantee the interests of both nations.