hungary amcham
Photo: MTI/Soós Lajos

When a new Europe was born 30 years ago and Hungary regained its sovereignty, the American Chamber of Commerce was also formed, the minister for foreign affairs and trade said at the organisation’s 30th gala celebration in Parliament on Thursday.

“Ever since, the US and American companies have stood by Hungary,” Péter Szijjártó said.

He noted that 28 years ago Hungary established the Visegrad Group and it was 15 years since it had joined the European Union. “Central Europe has been growing steadily ever since,” he said.

Hungary and the V4 have increased their weight in Europe in political, security and economic terms, and the region is now the motor of EU growth, he said.

The US is Hungary’s top investor outside the EU as well as being its most important export market, he said, adding that Hungary last year set a foreign trade record thanks to US companies too.

Source: MTI

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