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Hungary-Ohio cooperation to yield hundreds of jobs, says foreign minister in Columbus
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An economic cooperation agreement to be signed between Hungary and the US state of Ohio will yield hundreds of jobs in high-tech, high value-added industries in Hungary, Foreign Minister Péter Szijjártó said on Wednesday.
Szijjártó held talks with US company heads and is scheduled to sign a memorandum of understanding on Hungary-Ohio economic cooperation with Director of the Ohio Development Services Agency Lydia Mihalik on Wednesday.
He told MTI that
cooperation with the US economy in recent years played an important part in Hungary being able to better attract investors and boost exports.
The US continues to be Hungary’s most important export market outside the European Union and the US is the second largest investor in Hungary, with over 1,700 firms employing some 105,000 people, he added.
The car industry, a major sector of Ohio’s economy, plays a key role in cooperation, the minister said.