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Business, Economy

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UAE, Hungary sign MoU to establish joint business council

The council will focus on the targeted sectors between the two nations.
By TRENDS Desk
February 18, 2022 11:34 pm
  • The MoU was signed by Hamid Mohammed bin Salem, FCCI Secretary-General, and Péter Szijjártó, Minister for Foreign Affairs and Trade of Hungary.
  • The parties inked the MoU at the Hungarian pavilion at Expo 2020 Dubai on the sidelines of the third meeting of the UAE-Hungarian Business Committee.

The UAE Federation of the Chambers of Commerce and Industry (FCCI) and the Hungarian Chamber of Commerce and Industry (HCCI) will establish a UAE-Hungarian Business Council.

The two parties signed an MoU at the Hungarian pavilion at Expo 2020 Dubai regarding the same on the sidelines of the third meeting of the UAE-Hungarian Business Committee.

The MoU was signed by Hamid Mohammed bin Salem, FCCI Secretary-General, and Péter Szijjártó, Minister for Foreign Affairs and Trade of Hungary.

FCCI Secretary-General noted that the council will carry out commercial and promotional activities in the field of trade, investment, technology and other fields.

He explained that the council will focus on the targeted sectors between the two nations in the fields of agriculture, tourism, construction, health and education.

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