American nuclear technology in Hungary? The country eyes American small nuclear reactors amid deepening US ties
Hungary and the United States are strengthening their cooperation in several key areas, including energy, taxation, and international diplomacy. During high-level meetings in Washington, Hungarian Deputy Foreign Minister Levente Magyar discussed the prospect of introducing American nuclear technology to Hungary, highlighting the potential construction of small modular reactors (SMRs) to meet growing energy needs.
Magyar held talks with Andrew Peek, Senior Director for Europe and Russia at the US National Security Council, where they reviewed bilateral issues such as the renewal of the double taxation agreement—revoked during the previous US administration—and explored new avenues of energy collaboration, Telex reports.
A key focus was the potential exemption of Hungary’s Paks II nuclear project from sanctions that could indirectly hinder its progress. Peek assured that the US administration would review Hungary’s request for Paks II to be shielded from both direct and indirect sanction impacts.
US-Hungary cooperation in nuclear energy
The discussions also touched on future cooperation in the field of nuclear energy. Magyar revealed that American nuclear technology could soon appear in Hungary, either through the supply of nuclear fuel or the construction of additional small nuclear plants. This idea has been under consideration for some time.
In recent background briefings, US officials openly encouraged Hungary to diversify its energy sources, citing the country’s heavy reliance on electricity imports. American diplomats, including Justin P. Friedman and Chargé d’Affaires Robert Palladino, have suggested that Hungary consider purchasing technology from Westinghouse, a leading US-based nuclear company.
Double taxation and international security
Beyond energy matters, the renewal of the double taxation treaty was seen as crucial for strengthening investor confidence. Talks also addressed Hungary’s request for ethnic Hungarians born outside current Hungarian borders to enjoy the same eased travel privileges to the US as Hungarian citizens.
On international security, the situation in Ukraine was a major topic. According to Magyar, Peek provided a US assessment of the conflict, expressing cautious optimism that a clearer picture regarding peace intentions from Russia and Ukraine could emerge within a week.
However, both sides currently lack the compromise necessary for a near-term agreement. Magyar emphasised that Hungary plays a constructive role in peace efforts and is viewed by the US as the only EU member state aligned with American goals for resolving the conflict.
Improvement in bilateral relations
Magyar noted that the tone of the meetings reflected a marked improvement in bilateral relations. Peek reportedly described Hungary as one of America’s most important political allies in Europe. Additionally, Magyar met with US Deputy Secretary of State Christopher Landau to further discuss strengthening and expanding future cooperation.
Read more about US-Hungary relations HERE.
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