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Hungary and U.S. agree on sanctions exemption and $600M LNG deal to shield Hungary’s economy.
Hungarian Prime Minister Viktor Orban said after meeting with President Donald Trump that Hungary has secured a financial shield agreement with the U.S. to protect its economy and public finances.
The deal includes a one-year exemption from U.S. sanctions on Russian oil and gas, and Hungary’s commitment to buy $600 million in U.S. liquefied natural gas.
Orban stated the U.S. pledged to defend Hungary’s financial stability against external attacks, though details were not disclosed.
The agreement underscores growing U.S.-Hungary cooperation amid tensions with the European Union over rule-of-law issues and sanctions.
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Hungría y Estados Unidos acuerdan una exención de sanciones y un acuerdo de GNL de 600 millones de dólares para proteger la economía de Hungría.