The US government has lifted sanctions related to Hungary’s Paks nuclear power plant expansion, a move Foreign Minister Péter Szijjártó credits to the new Trump-led administration, calling it key to Hungary’s long-term energy security.
Chinese company BYD is set to construct a new electric bus plant in Komárom, Hungary, representing an investment of HUF 32 billion. The announcement was made by Hungarian Minister for Foreign Affairs and Trade Péter Szijjártó, who highlighted Hungary’s leading role in electric vehicle manufacturing in Europe.
Hungary and Slovakia have blocked the EU’s latest sanctions package, opposing plans to ban Russian oil and gas imports. Foreign Minister Péter Szijjártó warned the move would devastate Hungary’s energy security and lead to soaring household costs.
Hungary’s parliament has voted to withdraw from the International Criminal Court (ICC), a decision Foreign Minister Péter Szijjártó says stems from concerns over what he described as politically motivated and unserious actions by the tribunal.
Hungary’s car industry remains a driving force of the national economy despite global headwinds, Foreign Minister Péter Szijjártó said, stressing that East–West cooperation is key to success in the age of electromobility.
Hungary is safeguarding families and businesses from surging energy prices caused by the EU–Russia disconnect by expanding renewable energy capacity and supporting industrial investment, Foreign Minister Péter Szijjártó said at a Nestlé solar plant opening.
Hungary and Switzerland reaffirmed their commitment to a diplomatic resolution to the war in Ukraine, emphasizing that peace can only be achieved through negotiations involving all parties, Hungarian Foreign Minister Péter Szijjártó said in Bern.
‘Minister of Foreign Affairs and Trade Péter Szijjártó and his Moroccan counterpart, Nasser Bourita, held a joint press conference in Budapest in the middle of April…The negotiations between the two ministers ended with agreements on strengthening trade, investment, research, innovation and energy cooperation between the two countries.’
Antal Rogán, Chief of Staff to the Hungarian Prime Minister, has been removed from the US sanctions list, Foreign Minister Péter Szijjártó announced. The senior government official had been placed under Magnitsky sanctions in January—a move widely regarded as the revenge of former US Ambassador David Pressman.
Hungary has seen a surge in interest from the global automotive industry in recent days, as it offers a rare oasis of political and economic stability amid global uncertainty—according to Hungarian Foreign Minister Péter Szijjártó in London.