TEHRAN- Hungarian Export-Import Bank (Exim Bank) has recently announced readiness for signing a cooperation memorandum of understanding (MOU) with Export Development Bank of Iran, IRIB news reported on Saturday quoting the Iranian bank’s managing director, Ali Salehabadi.

Salehabadi announced that the MOU is due to be signed between the two banks in the near future.
“For the time being, we are cooperating with the Exim Banks of different countries,” he said, adding the MOU with the Hungarian Exim Bank would make production and industrial ties between Iran and Hungary closer and more efficient.

MA/MG