During the visit of Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto, the Hungarian Embassy was re-established on 5^th May 2015; the former embassy in Ulaanbaatar was closed in 2006.  Mongolian Foreign Affairs Minister L.Purevsuren, Hungarian Foreign Affairs and Trade Minister Peter Szijjarto, Hungarian Ambassador Akos Madari participated in the opening ceremony.

During the opening ceremony Minister Szijjarto said– It is important to reestablish diplomatic relations in Mongolia and deepen our relationship. The closure of our embassy nine years ago was our big mistake. I am very glad that we are opening our embassy again, thereby correcting this mistake. Mongolia has become an active player on the world stage. Our country will support Mongolia in all areas.

Minister L.Purevsuren said – Mongolians and Hungarians have long standing relations. Closing the embassy in any country has a negative effect on diplomatic relations. The Mongolian Embassy in Hungary has been working actively for the last few years. Re-opening the Hungarian Embassy represents a positive stimulus in deepening our diplomatic relations. We have ambitious plans for co-operation in the areas of agriculture and culture in the future.

Also, the two ministers signed an agreement.  Mr Purevsuren said – Our friendly relationship is becoming deeper. For example, in October 2014 the Mongolian President visited Hungary; and, lately the Hungarian President made a reciprocal visit to Mongolia. Therefore, we are now standing on a brand-new stage in our joint relations.  During the period from 1950 to 1980, Hungary built a large farm complex (biocombinat) in Songino, bored wells, and provided irrigation for agriculture. For this reason, Hungary has expressed that they are ready to cooperate with us water solutions for the mining sector, irrigation for pasture land and also to undertake water supply projects for Ulaanbaatar. We are very grateful for that. Also we will work on livestock-health and producing vaccines, to increase the possibilities of exporting Mongolian meat. Hungary is a world leader in the study of Mongolia. Today, Hungary confirms that 100 Mongolian students will study under within the framework of our diplomatic agreement. Our two countries will always support each other.

The Office of the UB City Governor and the Hungarian Chamber of Commerce have signed  a Memorandum of Understanding (MoU) regarding urban planning and infrastructure and to modernize the above-mentioned Songino “biocombinat” under a USD 25.5 million preferential credit instrument from the Hungarian Government.