Qatar and Hungary Sign Cooperation Agreement

May 14, 2013


The State of Qatar and the Republic of Hungary, signed on Monday 13/05/2013 an agreement for cooperation in the fields of economy and technological works.
The agreement was signed for Qatar by HE the  Minister of Business and Trade Sheikh Jassim bin Abdulaziz Al Thani, and for Hungary by Minister of state for Climate and Energy Mr. Pal Kovacs.
The agreement aims to establish a cooperation framework between the two countries in the related fields such as facilitating trade and cooperation on energy and industry projects. It also included small and medium size enterprises, tourism, agricultural industries, farming, communications and easing transportation procedures between the two countries.
It also calls for encouraging private sector, businessmen and corporates to explore the possibilities of establishing projects in the fields referred to in the agreement.
The signing of the agreement was a part of the Hungarian official’s visit to Doha.
HE the Minister of Business and Trade said that the current volume of trade between the two countries does not reflect the actual friendship between them, adding that the agreement will open the doors for genuine cooperation in different areas.