Page 266 - MOE ENGLISH PR REPORT - JUNE 2024

renewable energy. In addition, the session explored innovative methods to
stimulate tourism flows and foster new avenues for collaboration between
tourism companies in both countries. Notably, air traffic between the UAE
and Hungary continues to grow, with more than 56 flights currently
operating between the two destinations every month.

The two parties highlighted the significance of continued exchange of
knowledge between the public and private sectors in both countries. They
noted the importance of keeping pace with the latest advancements in

modern technology and applications of artificial intelligence in the transition
towards green growth, energy efficiency, entrepreneurship, and the
development of new economy sectors.

During the meeting, the Hungarian side expressed their interest in exploring
opportunities for collaboration and coordination with relevant organisations
in the UAE to enhance sustainability policies, innovative technologies, and
digital solutions in infrastructure development.

The latest UAE-Hungary JEC session also witnessed the signing of a
memorandum of understanding (MoU) between the Ministry of Climate
Change and Environment and the Hungarian Ministry of Agriculture. The
primary objective of this agreement is to strengthen agricultural cooperation
between the two countries in the next stage. This will be achieved through

capacity building, exchange of expertise and best practices in the agricultural
sector, and the localisation of innovations and technologies in various areas of
agriculture. The MoU was signed by Bin Touq and Péter Szijjártó.

Similarly, on behalf of the Hungarian Space Research Office, the Ministry of
Foreign Affairs and Trade of Hungary signed an MoU with the UAE Space
Agency, to strengthen collaboration in the areas of space research and
peaceful space activities. Its main objectives include promoting the exchange
of perspectives on space policies and regulations, as well as fostering the
development of human capital and academic cooperation in the field of
space and related disciplines. The MoU was signed by Salem Butti Al Qubaisi,
Director General of the UAE Space Agency, and Peter Szijjarto.

https://www.khaleejtimes.com/business/economy/uae-hungary-agree-on-developing-economic-
partnership