UAE and Hungary Strengthen Economic Ties

During an official visit, UAE and Hungarian leaders discussed enhancing economic cooperation and signed several agreements in education, investment, and renewable energy.


UAE and Hungary Strengthen Economic Ties

During the official visit to the UAE, Prime Minister of Hungary Viktor Orban was welcomed by His Highness Sheikh Mohammed bin Zayed Al Nahyan. During their meeting at the Al Shati Palace in Abu Dhabi, they discussed issues of developing bilateral relations and ways to strengthen cooperation, particularly in the economic, trade, and investment sectors, as well as in the field of technology, infrastructure, and the development of renewable energy.

During the meeting, the importance of the joint Economic Committee of the UAE-Hungary and the Committee for Political Consultations in strengthening relations between the countries was emphasized, and the necessity for the UAE to continue working on expanding cooperation in various sectors was also confirmed. Prime Minister Orban expressed his gratitude to His Highness for the warm reception and confirmed readiness to deepen ties with the UAE, highlighting the common goal of contributing to economic growth and prosperity in both countries.

His Highness Sheikh Mohammed bin Zayed Al Nahyan and Prime Minister Viktor Orban were also witnesses to the signing of memorandums on cooperation and agreements in various fields, including education, investment, and renewable energy development, aimed at expanding the field of cooperation. The signing of documents was presided over by His Highness Abdul bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs of the UAE, and His Excellency Peter Szijjarto, Minister of Foreign Affairs and Trade of Hungary.

Discussions during the meeting focused on enhancing sustainable development in both countries and meeting the aspirations of their peoples for continuous progress and prosperity. His Highness confirmed the obligation of the UAE to strengthen bilateral ties, especially in economic, trade, investment, and renewable energy fields, contributing to the development of both countries.