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Hungary Ready to Provide Further Aid to Least Developed Countries

MTI-Hungary Today 2023.03.08.

Hungary is ready to continue to do its part to support the world’s least developed countries in order to strengthen stability and prevent further illegal migration flows, Minister of Foreign Affairs and Trade Péter Szijjártó said in Qatar on Tuesday.

Speaking at the 5th UN Conference on the Least Developed Countries (LDC5) in Doha, he underscored that Hungary is directly affected by the negative effects of the war in the neighborhood of Ukraine, and although it is a regional armed conflict, its consequences are felt worldwide, thousands of kilometers away from Europe.

Szijjártó emphasized that the war has highlighted the fragility of the existing system, with serious challenges to global food and energy supplies, which may also pose security risks.

Serious security risks could result from food shortages and rising energy prices in countries that are already underdeveloped and where stability is not as robust,”

he warned. The minister added that this could easily lead to the spread of extremist ideologies and increased threats, which are among the main drivers of mass irregular migration.

The foreign minister stressed that Hungary is ready to support any initiative in the UN and the European Union aimed at increasing support for the countries concerned in order to strengthen stability. As an example of the government’s actions so far, Szijjártó said that Eximbank had opened a 760 million dollar credit line to promote cooperation with companies in the least developed countries. In addition, 250 million dollars in aid loans have been announced to improve water management, health, and food security.

Qatari PM Mohammed bin Abdulrahman al-Thani with Péter Szijjártó

Szijjártó also held bilateral talks with Qatari Prime Minister Mohammed bin Abdulrahman al-Thani in Doha, as the first foreign politician to be received by the newly appointed head of government.

Featured photo via Facebook/Szijjártó Péter

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