Hungary has been a member of the UN since 14 December 1955 and participates in ECE and all the non-regional specialized agencies except the IFAD; the nation became a member of the IBRD and IMF in 1982. Hungary became an associate member of the EU in 1994, a member of the OECD in 1996, and a NATO member in 1999. Hungary is also a member of the WTO and a signatory of the Law of the Sea. In 1997, Hungary was among the first Eastern European countries invited to begin negotiations on full membership in the EU; it was formally invited to join the body in 2002, and Hungary's accession (one of 10 new countries) was expected in 2004.
Comment about this article, ask questions, or add new information about this topic: