Hungary is opening again to the West, becoming a beacon of light in European culture.
George H.W. Bush
The Public Record
George H.W. Bush was the 41st President of the United States, serving from January 20, 1989, to January 20, 1993. A member of the Republican Party, he previously held the office of Vice President under Ronald Reagan from 1981 to 1989. Bush was a World War II veteran and served in various roles within the U.S. government, including as Director of the Central Intelligence Agency from 1976 to 1977. His presidency is noted for significant events such as the Gulf War and the fall of the Berlin Wall, as well as his efforts in foreign policy and international diplomacy.
Hungary has taken a number of steps to enlarge its private sector which can produce wealth that will benefit the entire Nation.
We expect to send a technical delegation to Hungary shortly to negotiate the final terms of the agreement and work out detailed arrangements for funding.
We are creating dozens of fellowships to enable Hungarians to study at American universities.
The United States will offer assistance not to prop up the status quo but to propel reform.
The creative drive of the people, once unleashed, will create momentum of its own.
The Fund will support the development of the growing private sector in Hungary.
It is on this foundation of truth, more solid than stone, that Hungarians have begun to build a new future.
The Peace Corps entry into Hungary represents a new era for American volunteers serving overseas.
I am here as President of the United States because we have in our country a special affection and feeling for the people of Hungary.





