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Daily News Daily News · 15/05/2019
· Business

Hungarian trade representation opens in Houston

economy Foreign Affairs Ministry of Hungary Hungarians abroad Hungary investment trade United States
houston

Foreign Minister Péter Szijjártó opened a Hungarian trade representation and consular office in Houston on Wednesday.

In his inauguration address, Szijjártó noted the significance of Prime Minister Viktor Orbán and US President Donald Trump’s recent talks. He said that the meeting had given bilateral ties a “new dimension”. He added that the new office was the seventh such representation in the US after Washington, New York, Chicago, Los Angeles, San Francisco and Miami ( – Hungary opens consulate in Miami)

Trump and Orbán reinforced the two countries’ political alliance at their meeting, Szijjártó said, calling it important that those ties are not concentrated in one place, Washington.

“They require a personal presence,” he said.

The minister called business ties between the two countries a success story. He said that the US was Hungary’s second largest investor, the second largest trading partner outside the EU as well as Hungary’s primary non-EU export destination. He noted that

among all American states Texas is the third largest trading partner for Hungary, and most US imports come from it.

Nineteen Texan companies have invested in Hungary, creating a combined 7,100 new jobs, he said.

Texas has a community of 3,000 Hungarians, for whom the new office will facilitate easier communication with Hungary, Szijjártó said. He said that

Texas Hungarians will have an opportunity to cast their ballot in the upcoming European parliamentary elections at the new consular office.

Source: MTI

economy Foreign Affairs Ministry of Hungary Hungarians abroad Hungary investment trade United States
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