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Philippines, Hungary agree to boost agricultural trade, irrigation

The Department of Agriculture (DA) signed a memorandum of understanding (MOU) with the Hungarian Ministry of Agriculture to boost collaboration on agricultural trade and water security.

Philippine Agriculture Secretary Emmanuel Piñol met with his Hungarian counterpart, István Nagy, on Wednesday, March 27, to sign the MOU which will increase market access for agricultural products between the two countries.

"The connection with your country is very much in line with the eastern opening policy of the government and we would like to nurture this friendship through increasing economic ties and friendship," Nagy said.

Under the agreement, the Philippines will be diversifying its exports to Hungary, which will include high-value coconut products, fish and fish meal, fresh mangoes, copra meal, carageenan, abaca, and seaweed-based animal feeds.

Philippine agricultural products will also be featured in Hungary during a food fair in September.

Nagy told reporters that for their part, Hungary is eyeing to increase meat and poultry exports to the Philippines.