Egypt, Hungary sign agreements during talks in Budapest

More cooperation with Hungary: Egypt and Hungary signed several agreements to forge closer economic ties at the first meeting in four years of a joint economic committee in Budapest last week, the International Cooperation Ministry said in a statement Friday. The two countries signed MoUs to exchange experiences in international cooperation, development financing, and social affairs. They also inked a wide-ranging protocol to cooperate more closely in areas including trade and investment, finance, and the Suez Canal, and agreed to up the number of scholarships offered to Egyptian students to study in Hungary. An Egyptian-Hungarian business forum will take place in Cairo at the end of the month, the statement added.