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Hungary explains the “red line” of sanctions against Russia

Budapest does not want its people to pay the price for a conflict in which they have ‘nothing to do’, says foreign minister

Hungary is against imposing new sanctions on Moscow, especially in the energy sector, Foreign Minister Peter Szijjarto said on Friday after meeting his Russian counterpart Sergei Lavrov. According to the minister, the energy sanctions are “a bright red linefor Hungary as Europe grapples with soaring gas prices.

Our position is very clear. We see no reasonable reason to discuss a new sanctions package, especially on energy“, said Szijjarto on Friday, reports RIA Novosti. The couple met on the sidelines of the United Nations General Assembly in New York.

According to Hungarian media Index, he added that “it’s a clear red line for us. We do not want the Hungarian people to pay the price for a war in which they have nothing to doreferring to ongoing hostilities between Russia and Ukraine.

Meanwhile, Szijjarto signaled that Hungary did not plan to avoid any debate over the new sanctions package, but he “would not consent to anything that is contrary to our national interests.”

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EU to impose new sanctions on Moscow – Borrell

The minister also addressed the criticism he might face for holding talks with Lavrov, stressing that peace “will not come without dialogue.” If there are no negotiations, “the world will face even more serious consequences”he said.

Szijjarto warned that the European economy is heading into recession. In recent months, Europe has been in the throes of an energy crisis, which has been largely caused by soaring natural gas prices due to EU sanctions imposed on Russia.

Hungary is heavily dependent on Moscow for energy and gets around 80% of its gas from Russian energy giant Gazprom and while Russia cut off a number of countries from gas supplies in late August, Hungary signed an agreement with Moscow for additional deliveries in addition. volumes already agreed.

On Wednesday, following Moscow’s attempt to back referendums in the two Donbass republics and the Russian-controlled Zaporozhye and Kherson regions on joining Russia, the EU’s foreign policy chief, Josep Borrell, said the block had made a “Politicsdecision to impose new sanctions on Moscow. The exact nature of the restrictions is, however, unclear so far.

rt Gt

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