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Home News National

Hungary offers financial aid package

Sara Susanne D. FabunanbySara Susanne D. Fabunan
May 30, 2017, 12:01 am
in National
Reading Time: 1 min read
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The Hungarian government is set to offer $510 million worth of technical assistance in water management; a $20-million feasibility study for cleanup initiatives in the Manila Bay and Laguna Lake and scholarships for Filipinos pursuing a course on agriculture.

In line with its effort to explore possible Philippines-Hungary cooperation on Agriculture, both countries also seek the exchange of experts, particularly in rice and cattle.

“The trip to Hungary included a visit to companies engaged in agricultural mechanization and livestock genetics,” the Foreign Affairs said on Monday.

The DFA said Agriculture Secretary Emmanuel Piñol led the Philippine delegation to a visit to Hungary where they met with Hungarian Foreign Affairs and Trade Minister Péter Szijjarto and Agriculture Minister Sandor Fazekas to explore possible Philippines-Hungary cooperation on agriculture.

On the other hand, the Philippines assured its quick response to requests for accreditation by Hungarian meat exporters  The Philippine delegation included Governor Esmael Mangudadatu, Bureau of Soils and Water Management Director Angel Enriquez, Farm to Market Road Development Director Romirose Padin, Head Executive Assistant Ferdinand Piñol, Senior Agriculturist Engineer Evangeline Dacumos, Governor’s Executive Secretary Benjamin Sanguan, and Agricultural Attache Pit Laquian.

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Hungary has recently re-opened its embassy in the country after it was shut down in 1995.

Tags: Financial aid packageHungaryPhilippines
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Sara Susanne D. Fabunan

Sara Susanne D. Fabunan

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