Hungarian Prime Minister Viktor Orban delivers his annual State of the Nation speech, in Budapest, Hungary, February 17, 2024.
16:32 JST, February 23, 2024
BUDAPEST, Feb 23 (Reuters) – Hungary will sign a defense industry deal with Sweden, Prime Minister Viktor Orban said ahead of a meeting with Swedish Prime Minister Ulf Kristersson in Budapest later on Friday, as Hungary prepares to finally ratify Sweden’s NATO bid.
“We will close all pending issues, and we will sign a defense industry deal, a serious one considering Hungary’s size, and we will also lay down some decisions or … goals about military cooperation,” Orban told state radio. He gave no details.
The two prime ministers will hold a press conference on Friday, before Hungary’s parliament is due to approve Sweden’s NATO membership bid in a vote on Monday.
“On Monday the Hungarian parliament will put the final seal on it,” Orban told radio.
Sweden applied to join the transatlantic alliance nearly two years ago in a historic policy shift away from non-alignment prompted by Russia’s full-scale invasion of Ukraine.
Hungary is the only NATO member that has yet to ratify the Nordic country’s accession, with Orban’s ruling Fidesz party repeatedly delaying a vote, citing grievances over Sweden criticizing Hungary over its record on rule-of-law standards.
Fidesz commands a huge majority in parliament and it could have approved the Nordic country’s membership at any time since the relevant legislation was submitted to lawmakers in mid-2022.
The delay has soured Budapest’s relations with the United States and raised concerns among allies.
Hungary leases Gripen fighter aircraft made by Sweden’s SAAB SAABb.ST under a contract signed in 2001.
Kristersson said earlier this week that Sweden wants to further develop its Gripen cooperation with Hungary, and that the topic would be on the agenda for Friday.
"News Services" POPULAR ARTICLE
-
American Playwright Jeremy O. Harris Arrested in Japan on Alleged Drug Smuggling
-
Japan’s Nikkei Stock Average as JGB Yields, Yen Rise on Rate-Hike Bets
-
Japan’s Nikkei Stock Average Licks Wounds after Selloff Sparked by BOJ Hike Bets (UPDATE 1)
-
Japanese Bond Yields Zoom, Stocks Slide as Rate Hike Looms
-
Japan’s Nikkei Stock Average Buoyed by Stable Yen; SoftBank’s Slide Caps Gains (UPDATE 1)
JN ACCESS RANKING
-
Keidanren Chairman Yoshinobu Tsutsui Visits Kashiwazaki-Kariwa Nuclear Power Plant; Inspects New Emergency Safety System
-
Imports of Rare Earths from China Facing Delays, May Be Caused by Deterioration of Japan-China Relations
-
University of Tokyo Professor Discusses Japanese Economic Security in Interview Ahead of Forum
-
Japan Pulls out of Vietnam Nuclear Project, Complicating Hanoi’s Power Plans
-
Govt Aims to Expand NISA Program Lineup, Abolish Age Restriction

