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Szijjártó: New U.S. investments expected

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Photo by kormany.hu/Gergely Botár

Hungary’s Foreign Minister Péter Szijjártó is anticipating the announcement of three new U.S. investments worth $15.5 mln to be made in Hungary. These investments are expected to create up to 500 new jobs, Szijjártó said today at a business forum of the American Chamber of Commerce (AmCham).

Szijjártó said the Hungarian government is expected to sign a strategic agreement with U.S. software developer Oracle in a few weeks.

Commenting on worsening relations between the United States and Hungary, the minister said that "it is in Hungary's interest to resolve any open political issues in Hungarian-U.S. relations because the success of Hungary's foreign policy and foreign trade strategy requires balanced relations with the United States in all areas."

Szijjártó reiterated Hungarian Prime Minister Viktor Orbán’s words of last Friday, saying that the two countries' relations “are excellent in military and economic matters”, adding that concerns regarding Hungary are based on exaggerations.

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