Washington (MTI) – State secretary for economic diplomacy Levente Magyar has reopened Hungary’s consulate-general in Sao Paulo, closed during the term of the Socialist government in the 2000s.
Magyar told MTI over the phone on Thursday, local time, that he had held talks in Brasilia and Sao Paulo with senior government officials on boosting or, in several areas, restarting economic cooperation.
The decision to reopen the diplomatic mission located in the economic centre of Latin America was motivated by both political and business considerations, he said.
The move forms part of the government’s policy of southern opening, the state secretary said.
Magyar added that a Hungarian trading house would open this summer in Sao Paulo, to follow a similar institution in Rio de Janeiro.
He highlighted water management, sewage treatment and public lighting as promising areas of business opportunities.
Magyar agreed to continue the mutual scholarship programme under which over 2,000 Brazilian students are studying in Hungary.