Balázs Orbán: Donald Trump’s victory creates real opportunities for Hungary

PM Orbán's political director says that Trump knows how to create agreements that suit both the United States and its negotiating partners

Balázs Orbán, state secretary at the Prime Minister's Office. (Magyar Hírlap/Tamás Purger)
By Liz Heflin
5 Min Read

The American administration led by Donald Trump will create many mutually beneficial, tangible, economic-type cooperation opportunities for Hungary, the Hungarian prime minister’s political director emphasized on an M1 news program, reports Magyar Nemzet

Orbán emphasized that the American investor community is one of the most important in Hungary, and there is a serious investment strategy in place. Hungary looks forward to cooperation in key financial and military areas, as well as having the double taxation agreement canceled by the Democrats restored and various visa cases settled.

Calling Donald Trump a true American character, Orbán says that the president-elect thinks in terms of American interests and knows how to create agreements that suit both the United States and its negotiating partners; he also has a good vision and good opinion of Hungary, he said. 

If Trump succeeds in ending the war in Ukraine, then the prime minister’s political director sees a Trump administration having a positive effect on the Hungarian economy, adding that Trump must first restore communication channels with Russia in an effort for peace.

Explaining that statistically there are at least three ceasefires before any real peace is concluded and that negotiations may take several years, what has to happen now is an initial ceasefire to get the ball rolling.

“Europe wants peace, so it is necessary to adapt and develop a strategy, which requires discourse,” he said.

Touching on Hungary’s ongoing EU presidency, Balázs Orbán stressed that decisions made must improve European competitiveness while solving the problems of the European people and promoting peace. 

Based on the Budapest declaration in the wake of last week’s meeting, the European Council is trying to persuade the Brussels institutions not to deal with ideological issues, but with energy, economic, technological, and labor market issues affecting the European people.

“In this, the Hungarian presidency was able to create unity with brilliant preparatory work,” he added.

“The leaders of the European member states, the European Council, should be the ones that set the direction for Europe; a body made up of the leaders of the member states should dictate where Europe should go next,” the political director stated. 

However, he continued, there is political uncertainty in France, Germany and Spain, and because of this, there is a leadership problem in the entire EU.

“The German government’s loss of direction has a negative impact on Hungarian economic opportunities as well. Next year’s election is important not only for Germany but also for Europe,” he added.

On the economic front, Orbán highlighted that Hungary has American, German, Chinese and South Korean capital in the country, with all of their investments in different segments, adding that “Hungary is always an engine that pulls. This is the policy of declared economic neutrality.”

He further explained that this stance creates tangible economic growth and wage increases for Hungarian citizens, as well as attracts small and medium-sized enterprises.

Noting the new BYD factory being built in Szeged, he called it a new engine for the Hungarian economy and emphasized that the cars manufactured there will be sold on the European market.

The prime minister’s political director also addressed the demonstration in front of the Hungarian House in Brussels to disrupt the book launch of French politician Jordan Bardella (National Rally), the president of the Patriots for Europe EP faction. This is not the first time such a thing has happened, he said, calling it obvious that the left-wing political forces in Brussels work together to “make different opinions impossible, even using violence.”

The prime minister’s political director said about the Hungarian House: the purpose of the institution is to organize events, book presentations, and high-level events there, thereby presenting Hungarian culture, as well as Hungary’s economic and social vision of the future of Europe.

“This is the first step in occupying Brussels in the intellectual sense,” he added.

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