US Vice President JD Vance arrived in Hungary half an hour ago. At Budapest Airport, he was welcomed by Hungary’s Foreign Minister, Péter Szijjártó. His convoy will head to Buda Castle, where he will meet Prime Minister Viktor Orbán. The leaders will discuss US-Hungary relations at an afternoon event following a joint press conference.

Vance is in Budapest

US Vice President JD Vance and his wife, Usha Vance, arrived in Hungary on an official visit on Tuesday morning, the Hungarian News Agency reported. The vice president, who arrived in Budapest on a two-day visit, was greeted at Liszt Ferenc International Airport with military honours by Foreign Minister Péter Szijjártó. His convoy headed to Buda Castle, where he met PM Viktor Orbán to discuss US-Hungary relations at an afternoon event following a joint press conference.

Vance visit in Budapest to rescue Orbán
Military honours. Photo: Facebook/Szijjártó Péter

Hungarian journalist Zsolt Kerner wrote this morning that the Americans realised losing Orbán would be a bigger loss than the risk of campaigning for him. That is why Vance came to Budapest. Boarding his jet in the USA, Vance called Orbán his friend.

This is the first time an American vice president in office has visited Hungary. President George H. W. Bush visited in 1989, while his son, George W. Bush, came in 2006.

Péter Magyar’s message to Vance

Poll leader Péter Magyar, head of the opposition Tisza Party, said nobody should use Hungary in their geopolitical games, as only the Hungarian people will decide our country’s fate. He also sent a message to VP Vance: regardless of what they agree on, the Tisza government forming after 12 April will not send Hungarian troops to Chad or Iran and will not participate in any military conflicts.

According to the HVG, Orbán’s Fidesz recruited participants for the event from members of the so-called DPKs, or digital civic circles. These are people who like, share, and comment on social media posts in favour of Orbán, Fidesz, and their allies.

Huge MOL deal on the horizon?

A political analyst speaking to ATV said the meeting’s effect on Sunday’s general election outcome is highly questionable. Attila Tibor Nagy noted that Vance’s profile enjoys only modest recognition in Hungary. Therefore, his visit to Budapest can matter for the elections only if they announce something important.

According to an insider speaking to Bloomberg, the big announcement will be an oil purchase deal. Hungary’s MOL will buy 500,000 tonnes of crude from the Americans for 500 million dollars. Details of the deal were not disclosed, but Bloomberg wrote that the two parties would announce them at today’s press conference. The Hungarian company increased its Russian crude purchases following Trump’s exemption granted on Orbán’s November visit to Washington.

Tamás Magyarics said it was hard to guess the topics the leaders would discuss. The range is wide, from the so-called American financial shield to energy questions, especially PM Orbán’s exemption from the Russian oil sanctions.

Economist and former National Bank head Ákos Péter Bod said American investors are mostly interested in Czech, Romanian, and Polish opportunities rather than Hungary.

Following the meeting between President Putin and President Trump in Alaska, Budapest emerged as a possible venue for their next summit. Later, PM Orbán wanted to invite only Trump to Budapest to help secure the general election.

We wrote in January how that plan fell apart.

Featured image: FM Szijjártó greeting US VP Vance at Budapest Airport. Source: Facebook/Szijjártó Péter