Hungary would like a broader cooperation with this Arab state

Gergely Fábián, the state secretary for industry policy and technology, met Omani Economy Minister Said Mohammed Al Saqri in Budapest on Friday, the economic development ministry said.

At the talks, Fábián, who represented Economic Development Minister Márton Nagy, emphasised the need for the two countries to start pursuing broader cooperation. At the inaugural of the Hungarian-Omani mixed economic cooperation committee on June 15 in Budapest, the sides concluded that both countries had an interest in cooperation that promoted the transfer of technology and knowledge, the ministry said in a statement.

Oman ranked 85th among Hungary’s trading partners in 2022, with bilateral trade turnover exceeding 35 million US dollars, the statement said. Relations between the two countries are traditionally broad, and cooperation has been established in a number of important areas, which should be further deepened, the state secretary said.

In addition to the oil industry, the two officials identified new opportunities in the manufacturing industry and technology, and agreed to assess the areas in which Hungary and Oman should seek close cooperation, the ministry said.

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