2017: Hungary's Orban and ally Putin cement closer ties
2019: Hungary's Orban defends Russia cooperation as Putin visits
2021: Hungary's Orban to meet Russian President Putin early next year
2017: Hungary's Orban and ally Putin cement closer ties
2019: Hungary's Orban defends Russia cooperation as Putin visits
2021: Hungary's Orban to meet Russian President Putin early next year
Meanwhile businesses in Poland are closing due to a war on natural gas, where the energy price spiked 21 times....
Hungary became a member of NATO in 1999, and a member of the EU in 2004. Hungary also has improved its often frosty neighborly relations by signing basic treaties with Romania, Slovakia, and Ukraine.
“Szijjártó emphasized that the United States is Hungary’s most important strategic partner and ally alongside the European Union and that bilateral relations have developed outstandingly in recent year “
Currently, about 1,700 American companies employ 106,000 people in Hungary. The United States is the largest investor in Hungary outside of Europe and its largest non-European export partner. Bilateral trade grew 2.3 percent in 2019 to USD 5.8 billion.
Bilateral cooperation in the field of energy has also intensified significantly in recent years, including the diversification of energy procurement and the establishment of a U.S. liquefied gas port on the Croatian island of Krk.