Hungary to ship 10,000 tonnes of grain from Ukraine to Africa

Hungary will finance the shipping of 10,000 tonnes of grain worth 3.5 million US dollars from Ukraine to Africa as part of its efforts to resolve the global food crisis, Foreign Minister Péter Szijjártó said after meeting his Congolese counterpart in Budapest on Monday.

Though Hungary and the Democratic Republic of the Congo are geographically far apart, they are both affected by global security threats, Szijjártó told a press conference he held jointly with Christophe Lutundula Apala Pen’Apala, according to a foreign ministry statement.

Szijjártó cited the example of the negative effects of the Ukraine war, such as the food crisis which affects Africa the most.

Both countries have an interest in peace being achieved as soon as possible, Szijjártó said, urging dialogue, a ceasefire and peace talks.

Concerning bilateral economic ties, Szijjártó highlighted the electric vehicle industry and battery production as a key link between Hungary and the DR Congo. Hungary has the world’s third largest EV battery production capacity and will soon be ranked first thanks to the investment projects under way, the minister said.

Szijjártó noted that one of the most important raw materials used in EV battery production was cobalt, with more than 70 percent of the cobalt used by the sector coming from the DR Congo.

The future success of the global EV industry depends greatly on the unimpeded extraction and supply of cobalt, Szijjártó said.