Gov't, AmCham sign strategic agreement
Hungary's government signed a strategic cooperation agreement with the American Chamber of Commerce in parliament yesterday. Foreign companies that invest in Hungary require the appropriate legal environment, Justice Minister László Trócsányi said at the signing.
"Our regulations must be clear, understandable and allow sufficient time to prepare for compliance," Trócsányi said. AmCham chairman Vilmos Benko said investor confidence was key for the business association. The agreement, a renewal of a framework contract established in 2011, serves this aim, he added. AmCham's 400 members account for 35% of Hungary's exports. They employ almost 180,000 people.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.