Hungary looks with interest at Argentine nuclear development and commercial exchange

Hungary looks with interest at Argentine nuclear development and commercial exchange

At the meeting, both foreign ministers gave continuity to the dialogue they held at the beginning of August at the United Nations Organization (UN)within the framework of the Meeting on the Non-Proliferation Treaty.

In his meeting with Szijjarto, Cafiero stressed that “the nuclear program of Argentina is a contribution to the welfare and health of our people and other peoples in the world that have benefited from the technology that we actively develop, produce and export, under the international regulatory framework,” Palacio San Martín said in a statement.

In this regard, the foreign minister stressed that Argentina has been “for more than 70 years working on the exclusively peaceful uses of nuclear energy”, and then mentioned recent international projects such as the Radioisotope Production Plant in Mumbai, India, which is being carried out by the company Invap.

The head of the Argentine diplomacy also expressed the “interest” of the Argentine Government in “deepen the link with Hungary in nuclear matters” and in “advancing in concrete possibilities of cooperation.”

With that goal, The Hungarian minister will hold a meeting this Thursday with authorities from the National Atomic Energy Commission of our country (CNEA), indicates the official information.

During the meeting at the Palacio San Martín, Cafiero recalled that next year marks the centenary of diplomatic relations between the two nations, and in this context, he valued the cooperation achieved in educational, scientific-technological, agricultural and water matters, and the “Importance of extending the initiatives to other areas of great potential such as commerce and sports”.

The Hungarian Foreign Minister spoke in favor of advance “in the development of economic cooperation between Hungary and Argentina, which is also due to the fact that there is no political debate between us!”. “In this spirit, we continue our joint work with Santiago Andrés Cafiero, the Minister of Foreign Affairs,” he said.

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trade exchange

In economic matters, Cafiero and Szijjártó agreed on the possibilities of expanding and diversifying tradeproviding it with greater added value, mainly to strengthen Argentine exports in order to balance the trade balance, given the high degree of complementarity of both economies.

In this regard, the head of the Argentine Foreign Ministry highlighted the potential in sectors such as software and computer services, digital transformation and Industry 4.0, technologies applied to agricultural production (given the importance of agro-industrial production in Hungarian exports).

Also biotechnology applications and services satellite related to the production of foods, services provided by the satellite industry to different sectors and peaceful uses of nuclear energy.

According to the Palacio San Martín statement, the Hungarian minister, for his part, referred to Argentina’s capabilities in energy Matter, and highlighted that the country is the second gas reserve in the world in Vaca Muerta and possesses clean energy sources, such as green hydrogen, which adds to Argentina’s profile as the world’s leading food exporter.

Earlier, the Hungarian foreign minister noted that “the fastest growing economy in Latin America is Argentina” and said that “it is not a coincidence that our trade turnover broke a record last year and Argentine investors appeared in Hungary.”

“Argentine business managers understand that Hungary has one of the most favorable economic environments for investment in Europe and that we have to pay less taxes,” he added.

During the meeting, both foreign ministers also discussed the III Meeting of Ministers of Foreign Affairs of CELAC (whose Pro Tempore Presidency is in the hands of Argentina) and the European Union, to be held on October 27 in Buenos Aires, in order to relaunch the exchange between both blocs and recover the bi-regional cooperation spaces at the highest level.

Szijjártó confirmed his participation and stated that Argentina is a “natural partner for cooperation.”

The meeting between the two officials included the signing of a Memorandum of Understanding within the framework of the Stipendium Hungaricum Programme, a higher education scholarship program that students from our country will benefit from, financed entirely by the Republic of Hungary.

Source: Ambito

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