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Memorandum of Understanding between the Abu Dhabi Chamber and the Federation of Hungarian Chambers


Media in /Abu Dhabi, November 2018
The Abu Dhabi Chamber of Commerce and Industry (ADCCI) has signed a memorandum of understanding with the Federation of Chambers of Commerce and Industry in Hungary to promote economic and trade cooperation between the UAE and the friendly Republic of Hungary by exchanging experiences, enhancing trade relations and exploring investment opportunities as well as developing mechanisms to deepen trade and investment partnerships in various economic sectors. Common interest.
The First Deputy Chairman of the Board of Directors, Ibrahim Al Mahmoud, stressed the importance of the agreement concluded for its wide horizons and important investment opportunities for the private sector to invest in the interests of the two countries to develop good cooperation and fruitful, pointing out that Hungary is the gateway to the UAE group The Central European countries with its agricultural and industrial potential, stressing the Chamber’s keenness to support the steps of the private sector and initiatives to take advantage of these investment opportunities.
In his turn, the First Vice President of the Federation of Hungarian Chambers of Commerce and Industry and head of the visiting delegation, Frink Miklosi, stressed that the UAE is witnessing growth and development in all fields, adding that bilateral relations between Hungary and the UAE have increased significantly in previous years.

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