- 14 Jun 2017 8:54 AM
America is Hungary’s number-one trading partner from beyond the European Union, with more than 1,700 units of US businesses providing 100,000 jobs in the country, the PM’s press chief, Bertalan Havasi, noted in a statement.
Major companies from Indiana are also present in Hungary, showing investor trust in the country, he said, highlighting Hungary’s low corporation tax which contributes to the improving business environment.
Hungary to strengthen ties with US states Minister of Economy Mihály Varga held talks with the governor and the trade minister of the US state Indiana on strengthening economic cooperation, the ministry said on Tuesday.
Speaking after talks with Governor Eric Holcomb and Trade Minister Jim Schellinger, Varga said that last year the United States was Hungary’s 12th biggest trading partner, accounting for 2.8 percent of its total trade turnover.
There are over 1,700 US companies in Hungary, employing over 93,000 people, he said.
Republished with permission of Hungary Matters, MTI’s daily newsletter.