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United Arab Emirates Opens Embassy In Hungary As Foreign Ministers Agree To Boost Bilateral Relations

2016.07.14.

The United Arab Emirates will open an embassy in Budapest next year, an important step in further strengthening bilateral relations, UAE’s foreign minister said in Budapest, after talks with his Hungarian counterpart.

Budapest, 2016. július 13. Sejk Abdalláh bin Zájid ál-Nahajan, az Egyesült Arab Emírségek külügyminisztere (b) és Szijjártó Péter külgazdasági és külügyminiszter kezet fog Budapesten, a minisztériumban tartott sajtótájékoztatón 2016. július 13-án. MTI Fotó: Szigetváry Zsolt

UAE’s foreign minsiter Abdullah bin Zayed Al Nahyan (L) and his Hungarian counterpart Péter Szijjártó (R) in Budapest

The governments of the UAE and Hungary hope to conclude several agreements this year, Abdullah bin Zayed Al Nahyan told a joint press conference with Péter Szijjártó. As a leading country in the Arab Gulf, the United Arab Emirates plays a key role in ensuring stability in the region, Szijjártó said. He said that cooperation with that country is of vital importance now that NATO faces challenges from that direction.

Speaking about bilateral economic ties, the Hungarian Foreign Minister identified cooperation prospects primarily in water management and energy including training nuclear experts for the UAE. Péter Szijjártó said that the UAE’s airline, Emirates, plans to operate its second largest customer service centre in Budapest soon.

The United Arab Emirates is a federation of seven states that has grown from a quiet backwater to one of the Middle East’s most important economic centres. Before oil was discovered in the 1950s the UAE’s economy was dependent on fishing and a declining pearl industry. Since oil exports began in 1962, the country’s society and economy have been transformed and UAE firms have invested heavily abroad.

via hungarymatters.hu and MTI