Strengthening cooperation with Algeria is crucial both for economic and security reasons, Hungarian Foreign Minister Péter Szijjártó told news agency MTI by phone from Algiers.
The security situation in North Africa directly impacts the security in Europe, that is why it is in the interest of Hungary to support peace and stability there, Szijjártó said. Szijjártó insisted that uncertainty in Africa could result in an increased migration pressure on Europe. He added, however, that Algeria was committed to curbing the migration pressure. The two countries agree that the migrant crisis needs to be tackled at its roots, meaning that people considering migrating to Europe need to be given help near their home countries, he said.
Szijjártó said he had agreed with his negotiating partners that Hungary will build a dairy plant in Algeria and talks are also ongoing about the construction of a feed plant, which he said could be followed by further investments. Hungarian companies wishing to do business in Algeria will be helped by a trade office set to open there as well as a 270 million dollar credit line provided by Hungary’s Eximbank, the minister said.
Péter Szijjártó also announced that Algeria’s prime minister will visit Hungary in the first half of the year.
via hungarymatters.hu and MTI