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Hungary-UAE cooperation: Space, defence, telecoms and cheese!
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Minister of Foreign Affairs and Trade Péter Szijjártó met with the United Arab Emirates’ Minister of Foreign Trade Thani Bin Ahmed Al Zeyoudi in Budapest on Monday.
In a statement issued by his ministry, Szijjártó said cooperation between Hungary and the UAE was expanding to new areas: the space industry, defence and telecommunications. At a joint press conference after the meeting, he said the sides had discussed the implementation of recently signed economic agreements.
Szijjártó noted that bilateral trade had reached half a billion dollars in 2024 and was set to climb further in 2025. Hungary has exported over 1,000 tonnes of cheese and more than 15 tonnes of pharmaceuticals this year, and a Hungarian company is providing digital services at UAE festivals, he added.
He said Hungary’s Wizz Air had relaunched a flight to the UAE a week earlier, bringing the number of direct flights from Budapest to 20 a week.
Szijjártó welcomed the UAE’s participation in the Abraham Accords, its good ties with the United States and its integration with the BRICS group. He added that Hungary fully backed a free trade agreement and a strategic partnership agreement being negotiated by the European Union and the UAE.
Read more about the UAE on Daily News Hungary.
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