HomeUAE NewsUAE president receives phone call from Hungarian PM - News

UAE president receives phone call from Hungarian PM – News

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Leaders discuss ways to strengthen economic cooperation between countries and create an ideal environment for investors



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Posted: Tuesday, October 25, 2022 at 9:03 pm

On Tuesday, President His Highness Sheikh Mohamed bin Zayed Al Nahyan received a call from Hungarian Prime Minister Viktor Orban.

As part of the economic cooperation plan signed by the two friendly countries in February 2022, the dialogue discussed bilateral relations between the UAE and Hungary and ways to strengthen them in all areas, especially in trade, energy, renewable energy and technical aspects.

The two sides also discussed the importance of capitalizing on promising opportunities to attract investment within the framework of the agreement signed in July 2021 aimed at protecting and attracting investment in order to strengthen economic cooperation between the two countries and create an ideal environment for investors to stimulate business activities . and sustainable economic development.

This year, the UAE and Hungary jointly launched an economic cooperation programme to strengthen cooperation in important areas such as trade, investment, water management, renewable energy, technology, education and more.

Sheikh Mohammed and Orban also exchanged views on several regional and international issues of mutual interest.

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