Szijjártó meets with U.S.-Hungary Business Council

Int’l Relations

Hungary’s Minister of Foreign Affairs and Trade Péter Szijjártó met with the U.S.-Hungary Business Council (USHBC), a private, non-profit organization established to facilitate and maintain dialogue on commercial ties between the United States and Hungary, in Budapest yesterday, Hungarian news agency MTI reported.

U.S.-Hungary  Business Council President Eric Stewart and Minister of Foreign Affairs and Trade Péter Szijjártó speak to delegation of business people yesterday. (Photo: MTI/Szilárd Koszticsák)

The USHBC is in talks with companies that already have a presence in Hungary, Szijjártó said. Investments at these companies are just as important as bringing new investors to the country, he added. 

He noted that some 1,600 U.S. companies employ about 100,000 people in Hungary. These companies have invested more than $9 billion in the country, he added. 

Hungaryʼs Ambassador to the U.S. Réka Szemerkényi, U.S. Ambassador to Hungary Colleen Bell and Head of the Hungarian Investment Promotion Agency Róbert Ésik participated at the talks with USHBC. 

The USHBC is on its inaugural mission in Hungary. 

“During the mission, participants will seek to promote and discover opportunities to increase their commercial cooperation with the Hungarian government and the private sector,” USHBC said earlier in a statement. 

The companies Bell Helicopter Textron, BorgWarner, Coca-Cola Company, Guardian Industries, Hungrana, Lilly, MetLife and Owens-Illinois are participating in the delegation.

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