Foreign Minister discusses economic cooperation with Bangladeshi counterpart

The foreign ministers also agreed to build cooperation in training and education in connection with nuclear energy.


Péter Szijjártó, Minister of Foreign Affairs and Trade, met with AK Abdul Momen, his Bangladeshi counterpart, to discuss forging economic ties between their countries.

Minister Szijjártó told MTI that one of the fastest growing economies in the world, Bangladesh offers opportunities for Hungarian businesses to enter a new market. In a post-pandemic world economy, “there will be a bitter competition between countries and companies for better positions,” he said. Hungarian companies have a vested interest in being present in its huge market, while Bangladesh will benefit from the technological solutions Hungary offers, he added.

The ministers agreed to build cooperation in training and education in connection with nuclear energy, Minister Szijjártó said. Bangladesh is currently building its first nuclear plant which is scheduled to start operations in 2024-2025, he added. Hungary is raising the grants offered for Bangladeshi university students by 30 to 130, he said.

Another important field of cooperation will be healthcare technology, Minister Szijjártó said, noting the work of a Hungarian team who successfully separated a pair of Bangladeshi Siamese twins conjoined at the head. Water management will be another important area as Bangladesh is often hit by floods, and irrigation of farmlands is a key issue for the country, he said.

Minister Szijjártó praised Bangladesh for its role in the fight against terrorism and extremism. He called on the European Union to bolster cooperation in that area with Bangladesh. Migration waves make their way to Europe from the country occasionally, which should be thwarted, he said. The best way to do that is cooperation against terrorism and religious extremism, he said. Bangladesh faces a migration crisis, with large numbers of Rohingya refugees entering the country, he noted. “We therefore share the view that everyone should be given the opportunity to make a living and live in peace and security in their own homeland,” he said.

During the visit, Minister Szijjártó also met Prime Minister Sheikh Hasina and held talks with Minister of Commerce Tipu Munshi. He announced that Hungary would open a consular office in Dhaka.

Photo credit: kormany.hu