Péter Szijjártó, Hungaryʼs Minister of Foreign Affairs and Trade had talks with his Brazilian and Nigerian counterparts. During their meeting bilateral economic cooperation agreements were also signed on the sidelines of the fourth Nuclear Security Summit in Washington, D.C. Szijjártó told reporters that both countries have great economic potential and are seen by Hungary as important economic partners.
Szijjártó and Nigerian Foreign Minister Geoffrey Onyeama agreed to conclude an economic cooperation agreement. They also agreed that Eximbank would open a $69 mln 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. Szijjártó and Brazil’s Mauro Vieira agreed that Hungaryʼs Eximbank will open a $200 million credit line to promote efforts to increase Hungarian food sales to Brazil. They agreed that under the “Science without Borders” educational exchange program, Hungary will receive another 250 Brazilian students from next autumn. Furthermore, Hungary pledged to support progress in negotiations on a free trade agreement between the European Union and the South American common market Mercosur.
 

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