Hungary and US Poised to Sign Groundbreaking Economic Deal

Hungary is set to finalize a pivotal economic agreement with the United States, aiming to mend past diplomatic and financial strains inflicted by the previous US administration. Prime Minister Viktor Orban announced that this prospective deal is expected to enhance US investments in Hungary, despite withholding specific details.


Devdiscourse News Desk | Budapest | Updated: 07-02-2025 13:50 IST | Created: 07-02-2025 12:45 IST
Hungary and US Poised to Sign Groundbreaking Economic Deal
Viktor Orban Image Credit: Instagram (orbanviktor)
  • Country:
  • Hungary

Prime Minister Viktor Orban announced that Hungary is on the brink of solidifying an important economic agreement with the United States. This development aims to repair the 'damage' caused by previous diplomatic interactions under the earlier American government.

Orban criticized the previous Democratic administration for failing to renew crucial agreements, imposing sanctions, and complicating travel relations. According to him, the forthcoming agreement is expected to stimulate US investments in Hungary.

Details of the agreement remain undisclosed, but the Hungarian government sees it as a crucial step toward enhancing bilateral economic relations and rectifying past challenges.

(With inputs from agencies.)

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