New US investments to be announced in Hungary before the weekend, Orbán-Trump meeting on the horizon

Change language:

Negotiations are at an advanced stage on several major US investments planned in Hungary, Minister of Foreign Affairs and Trade Péter Szijjártó said on Monday in Budapest a press conference.

Trump-Orbán personal meeting could be arranged at any time

The next US investment is expected to be announced on Friday, and another three projects will follow, Szijjártó said. Growing US FDI arriving to Hungary and the jobs created by these investments will offset the damage done by the European Commission in terms of the new trade tariffs, he said.

Communication between Prime Minister Viktor Orbán and US President Donald Trump is continuous, he said and added that a personal meeting could be arranged at any time if it looked necessary.

Viktor Orbán Donald Trump business deal
Orbán and Trump before the presidential election. Photo: Facebook / Orbán Viktor

“As for any secondary tariffs, we very much hope to avoid those,” he added. “Hopefully there will be a solution in Ukraine within the deadline projected by Donald Trump, and then the issue of secondary tariffs can be taken off the agenda,” he said.

Continue reading