Budapest has not provided and will not participate in funding military aid in the Ukrainian conflict, Hungarian Foreign Minister Péter Szijjártó stated in an interview with TASS.
Commenting on the Russian-Ukrainian talks, the Hungarian side stated that peace is only possible with the consent of the US and Russia and thanked Donald Trump for resuming dialogue with Moscow. Szijjártó also noted that Budapest criticizes European leaders, who, in his view, are obstructing peace initiatives.
Hungary considers EU sanctions against Russia ineffective and harmful to Europe itself, calling for an end to their further application.
In the energy sector, Hungary reaffirmed its commitment to the Pax II nuclear power plant project in partnership with Rosatom, active construction of which is expected to begin this fall. The country also plans to increase imports of Russian gas (to 8.5 billion cubic meters) and oil (5-6 million tons), primarily via the Turkish Stream pipeline. Furthermore, Hungary and Serbia are planning to jointly build an oil pipeline, scheduled for completion in 2027, with the participation of Russian representatives and companies.