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US ambassador praises Hungary workforce at AmCham business forum in Budapest
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David B. Cornstein, the US ambassador to Hungary, at a business forum organised by the American Chamber of Commerce in Hungary (AmCham) on Tuesday, described Hungary’s workforce as “exceptional” and “highly intelligent”.
Cornstein highlighted Hungary’s low corporate tax rate and said the government’s measures encourage business activity.
He said it was “terrible” that
Hungary receives 80 percent of its energy supply from a single other country.
The ambassador said he believed the Hungarian government shares this sentiment, adding that they were working to have the US supply 40 percent of the country’s energy needs.
Cornstein called Russia a “disruptive” nation.
On another subject, the ambassador called the situation of Budapest’s Central European University (CEU) an emotional affair. He said it would be unfortunate if the CEU moved to Vienna, adding, at the same time, that he believed a solution to the problem was near.
As we wrote a few days ago, David B. Cornstein, the United States’ ambassador to Hungary, said he has not experienced any infringement on freedom rights in Hungary and should the case be the opposite, he would certainly speak out against that, in an interview published by Jewish political and cultural magazine Shabbat, read more HERE.
I like this David Cornstein ambassador to Hungary. He is calling clear shots right now. The natural gas dependence on Russia has been a friendly dependence so far. Nobody could help finance energy be it nuclear or NG at their cost to Hungary’s weak and fragile economy. Now that Hungary’s economy is showing “BUY” in most American indexes, the US through Cornstein, want to see Liquid NG purchases from Hungary. The problem here is that the people cannot afford the current prices, let alone 3X or 4X the cost for US deliveries. Hungary will only buy bulk cheap, simple, and i dont think the American shipping method will work unfortunately.