Karina Bovsunovska18:37, 09/20/24

Hungary announced that it would provide the Russian Federation with business support.

A Russian business forum was held in Budapest on September 20, which showed the “tumultuous development of ties” with Moscow, which alienated Hungary’s EU and NATO partners, writes Bloomberg . 

The publication noted that the government of Prime Minister Viktor Orbán declares that it complies with sanctions against the Russian Federation, but continues to develop ties in areas not affected by the restrictions.

“All of Europe does business with Russia, although some of them try to deny it. The difference is that we don’t see the need to hide it,” Hungarian Foreign Minister Peter Szijártó emphasized at a briefing with Russian Health Minister Mykhailo Murashko.

In particular, he advertised a business forum in which, according to him, almost 80 Russian and Hungarian companies participate. The largest Hungarian firms registered on the stock exchange continue to work in the Russian Federation, namely the creditor OTP Nyrt, the oil refining company Mol Nyrt and the pharmaceutical company Gedeon Richter Nyrt.

“Hungary is ready to provide you with all the necessary support for doing business with Russia,” Szijjártó added at the briefing.

The diplomat also promised “a solution that will facilitate the delivery of your goods to Russia”, so this will be announced in the coming weeks.

“Orbán began his EU presidency by sparking a global diplomatic scandal when he traveled to Moscow in July to meet President Vladimir Putin on a self-proclaimed ‘mission of peace’. Szijjártó regularly visits Russia and Belarus, developing ties with energy companies.” “Rosatom” and “Gazprom”, for which Hungary is one of the key clients in the region,” Bloomberg recalled. 

(C)UNIAN 2024