Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto will visit Azerbaijan the next week, a source in Azerbaijani government told local media on June 23.

A Hungarian delegation led by Szijjarto will visit Azerbaijan to take part in the sixth meeting of the joint intergovernmental economic cooperation commission, to be held June 28 in Baku.

The delegation will be comprised of members of Hungarian government, as well as business structures and companies operating in the spheres of industry, agriculture, consulting and banking services.

The fifth meeting of Azerbaijan-Hungary intergovernmental commission was held in April 2015 in Budapest. During that meeting, the parties signed a protocol, in accordance with which they agreed to expand the cooperation in making investments, industry, energy, tourism, agriculture, trade, environmental protection, water industry, ICT, culture, sports, science and so on.

Trade turnover between Azerbaijan and Hungary stood at $15.56 million in the first five months of 2016, and $14.74 million of this amount accounted for the import of Hungarian products, according to Azerbaijan’s State Customs Committee.