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Wednesday 16 Sep 2015 - 17:34 Makkah mean time-3-12-1436
Budapest, (IINA) - The United Arab Emirates and the Republic of Hungary on Wednesday signed an economic and technical cooperation agreement in order to place an institutional and legal framework for bilateral relations especially in economic, trade and investment fields, WAM reported.
The agreement was signed by the UAE Minister of Economy Sultan Al-Mansouri, and Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto in the presence of a number of ministers and senior officials from the UAE and Hungarian governments.
Both sides hilghlighted the importance of formation a joint economic committee, promoting cooperation in the fields of scientific research and training for small and medium-sized enterprises, and establishing joint ventures in a number of sectors including trade, industry, tourism and agriculture.
AG/IINA
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