Malaysia, Hungary discuss efforts to enhance ties in bilateral meeting

Malaysia, Hungary discuss efforts to enhance ties in bilateral meeting

20 Mar 2024

Malaysia and Hungary discussed efforts to strengthen ties particularly in trade and investment, agriculture, and cooperation in electro-mobility during a bilateral meeting today.

The Foreign Ministry (Wisma Putra) said Foreign Minister Datuk Seri Mohamad Hasan and Hungarian Foreign Affairs and Trade Minister Peter Szijjártó also spoke about Malaysia-European Union (EU) bilateral relations, Asean-EU Dialogue Relations, as well as regional and international issues of mutual interest during their meeting.

“The Foreign Ministers exchanged two Diplomatic Notes, namely the Bilateral Work Arrangement between both countries; and Cooperation between Malaysia’s Institute of Diplomatic and Foreign Relations (IDFR) and the Hungarian Diplomatic Academy (MDA),” it said in a statement.

Szijjártó, who is on one-day working visit to Malaysia, had earlier met Higher Education Minister Datuk Seri Zambry Abdul Kadir to strengthen cooperation in the higher education sector, including the ongoing Hungary’s Scholarship Programme — Stipendium Hungaricum.

Malaysia and Hungary have a longstanding and multi-faceted cooperation. Last year, the trade value between Malaysia and Hungary was RM3.08 billion (US$670 million), with exports amounting to RM2.38 billion (US$520 million) and imports valued at RM700 million (US$150 million).

Meanwhile, Szijjártó said increasing Hungarian agricultural exports and the fight against the world blockade were on the agenda for his visit in Malaysia.

In a his Facebook post, he added that Malaysia is the last stop on his visit to three most competitive countries in Southeast Asia, following Thailand and Singapore.

Source: Bernama