During his visit, the Minister of State held negotiations on the possibilities of developing bilateral business relations with governmental leaders, investors and agricultural importers.
Both countries are significant food importers, providing great prospects for the Hungarian agriculture in terms of financing the manufacturing industry's development and by means of long-term supplier agreements.
Saud Arabia, as the leading power of the region, and Oman, as the largest investor in Hungary from the area, are both strategic partners of the Hungarian Government. The Government's aim is to see this this tendency reflected in trade and investment data as well. The Hungarian National Trading House - whose representative took part in all 20 negotiations Mr. Magyar - has a key role in the invigoration of the market.
(Ministry of Foregin Affairs and Trade)
