Budapest: A delegation from the Federation of Saudi Chambers of Commerce is set to visit the Republic of Hungary tomorrow, engaging in high-level meetings and discussions with Hungarian officials and companies to finalize trade agreements and partnerships. This initiative is part of the federation's ongoing efforts to enhance economic cooperation between Saudi Arabia and Hungary, while exploring available investment opportunities.
According to Saudi Press Agency, the delegation will consist of more than 35 major Saudi investors, along with members of the Saudi-Hungarian Business Council and representatives from government agencies. The visit aims to foster mutual investment opportunities, establish direct communication channels between Saudi and Hungarian companies, and support the entry of Saudi non-oil exports into European markets via Hungary.
The federation is actively pursuing international visits, having recently included 14 countries, to create new markets and opportunities. This strategy is aligned with the objectives of Saudi Arabia's Vision 2030, which seeks to expand trade and investment exchanges with multiple countries.