(MENAFN - Emirates News Agency (WAM))
SHARJAH, 25th March, 2019 (WAM) -- The Sharjah Economic Development Department, SEDD, participated in the second session of the UAE-Hungary Economic Committee in Budapest. The meeting was organised by the UAE Ministry of Economy.
The visiting delegation was headed by Sultan bin Saeed Al Mansouri, Minister of Economy, and included officials from various local and federal bodies, people in business and representatives of investment companies.
During the visit, various meetings with ministers and officials were held to discuss means of cooperation in economic and trade fields between the two countries. The meetings created scope for the delegation to discuss opportunities, challenges and exchange of information on the most important sectors to be developed. Opportunities for trade and investment partnerships were also highlighted.
Commenting on the visit, Sultan Abdulla Al Suwaidi, SEDD Chairman, said that the Department is participating in such visits to promote the UAE's position in general, and Sharjah in particular, in international markets and to highlight the emirate's investments in addition to the environment.
Al Suwaidi noted that such visits play an important role in promoting UAE investment opportunities abroad and encourage the flow of investments to and from Sharjah. "It also helps to introduce the emirate's advanced infrastructure and strengthen relations between the UAE and Hungary," he added.
WAM/ /Nour Salman