(MENAFN) UAE Minister of Economy, and his Hungarian counterpart discussed prospects for cooperation in the areas of innovation, renewable energy, agriculture and food industries, and water resource management.
The meeting was held in Budapest. It focused on the necessity of cooperation between private sectors in both countries and making efforts to increase the volume of trade exchange.
The UAE minister said his country has strong bilateral relations with Hungary. He called for the need to capitalize on these relations to develop economic cooperation and increase the volume of trade.
The Hungarian minister praised the strong relations between his country and the UAE in various economic private sectors, pointing out that there are many Hungarian companies that desire to enter the UAE market.
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