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New Contract Signed with The UAE to Strengthen Defense Capabilities

MTI-Hungary Today 2024.04.22.

Hungary has recently signed a military and defense industrial cooperation agreement with the United Arab Emirates, the Ministry of Defense announced.

The statement revealed that the Minister of Defence, Kristóf Szalay-Bobrovniczky, discussed military and defense industrial cooperation opportunities with his Emirati counterpart Mohammad Fadhel Al Mazrouei.

According to the Ministry, Kristóf Szalay-Bobrovniczky expressed that the signing of the agreement marks the official commencement of discussions on military cooperation between the two countries. The Minister highlighted that this agreement offers an important opportunity to explore the defense capabilities of both nations and to identify common areas for research, development, and innovation.

In times of war, Hungary does everything for peace. However, as international conflicts increasingly trend towards escalation, the Hungarian government’s priority is to bolster the country’s defense capabilities,”

the Minister stated.

“The cooperation established here can help ensure that the Hungarian Defense Forces, equipped with modern technology and highly skilled soldiers, possess unquestionable strike capability and deterrent power, thus guaranteeing Hungary’s security. Furthermore, the military industry can also contribute to economic growth.”

Mr. Szalay-Bobrovniczky emphasized that enhancing ties with the UAE, a leading economic and military power in the Arabian Gulf region, could complement Hungary’s military development program, whether in military research and innovation or in the production of military equipment.

He reiterated Hungary’s stance as a member of the European Union and NATO,

stressing the necessity to develop cooperation with Middle Eastern and North African countries, ranging from counter-terrorism efforts to border protection, in order to expand defense connectivity.

“Consider the conflict between Russia and Ukraine; changes in cereal production in the region could lead to supply issues in the Middle East and North Africa, increasing illegal migration and the terrorism threat,” the minister added, noting that the UAE plays a significant role in combating international terrorism and enhancing stability in both regions. “The security of commercial shipping in the Red Sea and the reduction of tensions in the Middle East are interests shared by both Europe and the Gulf countries,” the Minister concluded.

Defense Industry Grows into a Business Worth Billions
Defense Industry Grows into a Business Worth Billions

Within a few years this industry will account for a visible share of the country's GDP.Continue reading

Via MTI; Featured Image: Facebook / Szalay-Bobrovniczky Kristóf


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