U.S.-Hungary relations have expanded with new agreements and partnerships following President Donald J. Trump’s return to office and ongoing collaboration with Prime Minister Viktor Orbán. The two countries are working closely on economic, energy, security, and educational initiatives as they approach the 250th anniversary of American independence in 2026.
A recent Memorandum of Understanding (MOU) on nuclear energy was signed between Hungary and the United States. This agreement sets the stage for cooperation in the civil nuclear industry, including work on Small Modular Reactors (SMRs) and spent fuel storage. As part of this effort, Hungary aims to support the construction of up to 10 SMRs, which could be worth up to $20 billion.
Prime Minister Orbán also announced a contract with U.S.-based Westinghouse to supply nuclear fuel for Hungary’s Paks I plant. The deal is valued at about $114 million.
In addition to nuclear energy, Hungary has agreed to purchase liquefied natural gas (LNG) from the United States. These contracts are expected to total around $600 million and will help diversify Hungary’s energy sources.
Travel between the two countries is set to become easier after the full restoration of Hungary’s participation in the Visa Waiver Program. This change will allow for more streamlined travel while maintaining security measures at borders.
American Airlines plans to resume direct seasonal flights between Philadelphia and Budapest starting in May 2026, further supporting economic and cultural connections.
On defense matters, both nations have begun talks to renew their General Security of Military Information Agreement (GSOMIA), reflecting closer bilateral defense ties. Additionally, Hungary intends to buy $700 million worth of defense equipment through foreign military sales.
Space cooperation has also advanced; Hungary signed the Artemis Accords on October 22, joining other countries committed to peaceful space exploration.
Educational exchange programs are expanding as well. To mark America’s upcoming anniversary, the Fulbright Commission in Hungary will broaden opportunities under its John von Neumann Distinguished Award in STEM fields for both American and Hungarian scholars and students. The Hungarian government will increase its funding contribution so that it matches U.S. support for this program.
Hungary is providing $1 million toward a joint research consortium between The Catholic University of America and Pázmány Péter Catholic University focused on ethical uses of artificial intelligence.
Furthermore, a cooperative agreement was reached between the Hungarian Research Network (HUN-REN) and MIT’s Center for International Studies (CIS). Through this partnership—and specifically via the MIT–Hungary HUNREN Seed Fund—grants will be available for bilateral travel, workshops, and collaborative meetings related to science and innovation.
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