Hungary, United Arab Emirates to sign economic cooperation agreement

Hungary will sign an economic cooperation agreement with the United Arab Emirates in the coming days to deepen ties between the two countries, the National Economy Ministry announced yesterday, according to Hungarian news agency MTI.
National Economy Minister Mihaly Varga said in a statement that Hungarian companies have a good opportunity to participate in urban development projects in the UAE. He also mentioned opportunities for cooperation in food production, water management and innovation projects.
The statement was issued following a meeting between Varga and the UAE Minister of Economy Sultan bin Saeed Al Mansoori.
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