Washington, DC (MTI) – Péter Szijjártó, Hungary’s minister of foreign affairs and trade, held talks and signed bilateral economic cooperation agreements with his Brazilian and Nigerian counterparts on the sidelines of the fourth Nuclear Security Summit in Washington, DC, on Friday.
Szijjártó told MTI that both countries have great economic potentials and are seen by Hungary as major economic partners.
The minister and his Brazilian counterpart Mauro Vieira agreed on three issues. Hungary’s Eximbank will open a 200 million US dollar credit line to promote efforts to increase Hungarian food sales to Brazil. Under the “Science without Borders” educational exchange programme, Hungary will receive another 250 Brazilian students from next autumn. Further, Hungary pledged to support progress in negotiations on a free trade agreement between the European Union and the South American common market Mercosur.
Szijjártó and Nigerian Foreign Minister Geoffrey Onyeama agreed to conclude an economic cooperation agreement. They also agreed that Eximbank would open a 69 million USD credit line to promote bilateral trade. Hungary has sent a commercial diplomat to Lagos to boost Hungarian dairy, meat, fruit and farm machinery sales to Nigeria, Szijjártó said.