Trading House: The Hungarian companies are competitive in the Iraqi market

In just a year, the value of total Hungarian exports to Iraq increased by 30 percent, which demonstrates that the Hungarian companies are open and competitive in the Iraqi market – the Deputy Chief Executive Officer of the Hungarian National Trading House (MNKH) emphasized at the first Hungarian-Iraqi Business Forum.

According to Kun Gábor, the trade relations between the two parties should be developed further, because a large number of products on the European markets have strategic importance for Iraq, and for the Hungarian companies, the country with about 40 million inhabitants can be a huge potential. Additionally, Iraq can form a bridge towards other eastern countries – he added. (MTI)