HE Minister of Foreign Affairs and Trade of Hungary Peter Sjärto stressed the depth of relations between Hungary and Qatar, which are based on mutual respect through concern for the sovereignty of states and non-interference in internal affairs and focus on joint work and cooperation for the benefit of all… pointing out that the State of Qatar It has become an important country on the international level and is distinguished by its rational and impartial stance, which is appreciated by us. His Excellency added, in an interview with the Qatari Al-Sharq newspaper, issued today, "We greatly respect Qatar’s position in calling for peaceful dialogue and conflict resolution, and we believe that it is a position that stems from a very important political sense in international action, and we agree with this policy.". He praised the existing economic cooperation between Doha and Budapest, and said "We started some time ago talks for cooperation in the field of energy, adding "I was here in Doha last December, for discussions in this regard. There are ongoing negotiations between the Qatar Energy Company and the Hungarian electricity company responsible for purchasing gas, in order to see any possible horizon for Qatari gas to be part of the Hungarian energy mix."… He explained that there is a new dimension of cooperation between the State of Qatar and Hungary in light of the ongoing negotiations between Qatar Energy Company and the Hungarian Electricity Company, and that Qatari gas is expected to be part of the Hungarian energy mix in 2026. He stressed that there are many areas for cooperation between the two countries. Qatar is invited to invest in it, including digitization and an economy based on information technology, and we all know that Qatar has a lot of interest and projects in this field. It is also possible to cooperate in the manufacture of electric cars. We have the fourth largest capacity in the world in terms of manufacturing electric vehicle battery cells. He noted that Hungary enjoys one of the lowest tax rates in Europe, with a corporate income tax rate of 9 percent, which is the lowest in Europe. Hungary also enjoys political stability and we have made important improvements in infrastructure, in addition to that our higher education system has become a very high level of scientific standards and offers a qualified, skilled and up-to-date workforce, and Hungary enjoys a strategic location and is located in the heart of Europe, and through which access To 124 countries… explaining that there are Qatari investments in our country in the field of real estate and tourism, and we are working to attract more investments. Regarding the importance of the Fifth United Nations Conference on the Least Developed Countries in supporting development and international cooperation, which was held in Doha last week, he considered that the main objective of his country’s participation is to provide substantial support to the least developed countries, because we are well aware of the serious impact and negative repercussions of the war in Ukraine that affected the world and caused a number of problems such as the energy crisis, the imbalance in supplies and food security.. All these current challenges have caused enormous pressure on a number of countries, especially the least developed ones, which have become facing more threat of instability, in light of the difficulties in providing energy and food, which It may produce a group of crises that may pose serious challenges. Consequently, these countries could become sources of more huge waves of migration, and this is something we would like to avoid, and the European Union countries may not be able to confront it. He added that the international community should provide support and assistance to the least developed countries, as Hungary has allocated a credit line of $760 million to enhance economic cooperation with companies in the least developed countries. In addition, aid programs worth $250 million were announced to improve water management, health and food security, and we allocated 715 scholarships for these countries, which is a very popular program with 9,991 applications from these countries. We believe that we are doing our part, and we hope that the rest of the international community will do its part properly in supporting the least developed countries to overcome difficult challenges. In conclusion, he expressed his hope that the international community would be able to put in place substantial programs to empower these countries… saying "We appreciate the role of the State of Qatar in hosting this international conference and providing tremendous support for these international efforts, which is very important… We realize that Qatar takes the matter seriously to help these countries, and we will continue to increase rehabilitation programs for these countries in the coming period".
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Arab Desk
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