Hungary has recently signed agreements with the United Arab Emirates covering nuclear energy and other sectors. The documents were signed during Hungarian minister of foreign affairs and trade Péter Szijjártó’s two-day visit to Dubai and Abu Dhabi last week.
"The fact that the Persian Gulf nation has the highest per capita electricity consumption in the world, is one of the highest consumers of water and imports almost all of its food requirements designates the main areas of cooperation between the two countries in which Hungarian enterprises can achieve success," said Szijjártó.
Szijjártó further added that the UAE is in the process of building a four-reactor nuclear power plant at Barakah and Hungary had agreed to train nuclear engineers and experts in the Middle Eastern country. Agreement was also reached for Hungarian businesses to play a role in the development of the UAE’s renewable energy, food, water management, chemical and air traffic sectors.
During the visit, Szijjártó met H.H. Sheikh Abdullah bin Zayed Al Nahyan, the UAE’s minister of foreign affairs and international cooperation, and they signed a Memorandum of Understanding on setting up a joint UAE-Hungarian committee.