Hungarian Prime Minister Viktor Orbán is set to meet U.S. President Donald Trump to discuss a potential landmark economic deal between Hungary and the United States.
The nationalist Hungarian premier said Budapest would like to have the tax treaty on the prevention of double taxation on its agenda, among other issues and investments.
The U.S. in 2022 terminated its tax treaty with Hungary, effective January 2023.
Although Orbán has not yet held a bilateral meeting with Trump since the start of his current term, he has repeatedly expressed interest in securing an economic agreement. The Hungarian leader, who faces an election in 2026, has cultivated a strong personal rapport with Trump over the years.
However, relations between the two countries have faced tensions, particularly over Orbán's pro-China policies and continued dependence on Russian crude and natural gas imports.
A tangible sign of improved ties under the Trump administration came last month when the U.S. fully restored Hungary's status in its visa waiver program.
"There is a date, and the negotiating agenda is around 80% (ready). When we can agree with the Americans on the remaining 20%, we will decide together with the Americans when to announce the meeting, and then it will happen," Orbán, a long-time Trump ally, told news site Mandiner in an interview.
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Speaking on the Armenian public radio on 9 January, Armenia’s Minister of Economy Gevorg Papoyan made some important announcements for 2026. He said that Yerevan is currently discussing with Baku the range of products it can potentially export to Azerbaijan.
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The European Union faced calls to implement a range of economic countermeasures in response to U.S. President Donald Trump’s plans to impose tariffs on eight European countries in connection with Greenland.
Syrian President Ahmed al-Sharaa has signed a decree recognising Kurdish language rights, as government forces advanced against U.S.-backed Kurdish-led fighters despite U.S. calls for restraint.
Italian Prime Minister Giorgia Meloni said on Saturday (17 January) that concerns over security in Greenland should be addressed within the framework of NATO, describing a ground military intervention as highly unlikely.
Ashley St. Clair, mother of one of Elon Musk’s children, has filed a lawsuit against Musk’s company xAI, alleging that its AI tool Grok generated explicit images of her, including one portraying her as underage.
Egypt and Sudan have welcomed an offer by U.S. President Donald Trump to restart mediation with Ethiopia in a bid to resolve the long-running dispute over Nile River water sharing.
Elon Musk is seeking up to $134 billion from OpenAI and Microsoft, arguing that the companies profited unfairly from his early support of the artificial intelligence firm, according to a court filing made public on Friday.
Lithuanian prosecutors have charged six foreign nationals with terrorism over an alleged plot to attack a private military supplier providing aid to Ukraine.
The European Union faced calls to implement a range of economic countermeasures in response to U.S. President Donald Trump’s plans to impose tariffs on eight European countries in connection with Greenland.
Six people have been killed after a massive fire tore through a shopping centre in Pakistan’s largest city, Karachi, authorities said, as firefighters battled through the night to contain the blaze.
The world is entering a more unstable and fragmented phase as global cooperation declines and rivalry between major powers intensifies, the World Economic Forum has warned.
The Trump administration has denied a report that countries would be required to pay $1bn to join a proposed U.S.-backed peace initiative, after Bloomberg News said a draft charter set out a membership fee.
Start your day informed with AnewZ Morning Brief: here are the top news stories for 18 January, covering the latest developments you need to know.
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