Hungary to launch a EUR 30 million economic development programme in Bosnia and Herzegovina and the Bosnian Serb Autonomous Republic

The use of sanctions will not bring about peace in the Western Balkans, Foreign Minister Péter Szijjártó said after meeting Bosnian officials on Tuesday, adding that European politicians should engage in talks with the local leaders in order to better understand the situation in the region.

According to a foreign ministry statement, Szijjártó first held talks with Dragan Covic, leader of the Croatian Democratic Union of Bosnia and Herzegovina.

“Hungary’s interest lies in peace, stability and calm in Bosnia and Herzegovina,” the ministry quoted Szijjarto as saying. This requires the nations making up the country to be successful, he added.

Hungary’s government supports Bosnia’s ethnic Croat community in their full enforcement of the rights guaranteed to them by international treaties, Szijjártó said, adding that the community could count on Hungary’s backing on every European platform.

Szijjártó later met Bosnia’s Serb leader Milorad Dodik, and

announced Hungary’s launch of a 30 million euro economic development scheme in Bosnia and Herzegovina and Republika Srpska, Bosnia’s autonomous Serb Republic.

“Peace in the Western Balkans cannot be achieved through sanctions,” Szijjártó said.

“Therefore I ask European politicians to talk to President Dodik instead of talking about him, and then they will have a much better understanding of the situation here.”

Hungarian government economic programs election distribution
Read alsoLet the spending begin: Hungarian government unveils 8 new programmes for 2026 ahead of election
Paks Nuclear Power Plant (Copy) fidesz tisza
Read also‘Putin’s Paks project must be buried’ – Hungarian MP calls on EU to stop Russian-funded nuclear expansion
Telekom service outages Hungary August telecommunications
Read alsoMajor telecom service outages scheduled across Hungary in early August
Donald Tusk Ukraine war
Read alsoPolish PM Tusk: Good chance that Ukraine war could be suspended soon
Queen Backstage Budapest 1986 exhibition National Museum
Read alsoQueen backstage: Never-before-seen photos of Freddie Mercury’s days in Budapest on exhibition!
Russia Kamchatka earthquake2
Read alsoRussia rocked by strongest earthquake in history: Tsunamis hit pacific coastlines! – PHOTOS
Henrietta Fángli Hungarian swimmer spider bite
Read alsoSpider bite sends Hungarian swimmer to hospital in Singapore – could miss key races
HÉV Budapest government Lázár bridge rail lines overhaul transport
Read alsoGrand plans, no dates: Government pledges full HÉV revamp and new bridges for Budapest
forint currency economy money moody's budget
Read alsoHungary hit by another blow: Economy decline continues in early 2025
train logistics
Read alsoThe e-commerce and e-logistics system of New Uzbekistan: new economic opportunities for landlocked countries

Source: MTI