NewsEU extends Russia sanctions; Hungary gains gas assurances

EU extends Russia sanctions; Hungary gains gas assurances

EU foreign ministers unanimously decided on Monday in Brussels to extend the economic sanctions on Russia, which were initially set to expire this coming Friday. Hungary, which had previously blocked the extension, received assurances that the European Commission will continue to negotiate with Ukraine regarding the possibility of gas transit.

Viktor Orban
Viktor Orban
Images source: © Getty Images | 2024 Pier Marco Tacca
Przemysław Ciszak

Due to the risk of Hungary blocking this decision, on Monday morning—before the ministers' meeting—a gathering of ambassadors from member countries took place in Brussels.

According to an EU source, during the meeting, Hungary was supposed to receive guarantees from the European Commission regarding talks with Ukraine about gas transit—these negotiations will continue, and both Hungary and Slovakia will also be included.

Hungarian Foreign Minister Peter Szijjarto stated before the ministers' meeting that he expects official guarantees from the European Commission regarding the security of gas supplies. Ukraine decided not to extend the agreement for the transit of Russian gas, which expired at the end of the year.

Orban waited on Trump

Budapest has been blocking the extension of economic sanctions imposed on Russia due to the war in Ukraine, citing the change of power in the US as the reason.

After Donald Trump was sworn in as President of the United States, Hungary began demanding guarantees concerning the transit of gas through Ukraine.

If the member countries had not unanimously decided to extend the restrictions, which they do every six months, the sanctions would have expired at the end of January.

© Daily Wrap
·

Downloading, reproduction, storage, or any other use of content available on this website—regardless of its nature and form of expression (in particular, but not limited to verbal, verbal-musical, musical, audiovisual, audio, textual, graphic, and the data and information contained therein, databases and the data contained therein) and its form (e.g., literary, journalistic, scientific, cartographic, computer programs, visual arts, photographic)—requires prior and explicit consent from Wirtualna Polska Media Spółka Akcyjna, headquartered in Warsaw, the owner of this website, regardless of the method of exploration and the technique used (manual or automated, including the use of machine learning or artificial intelligence programs). The above restriction does not apply solely to facilitate their search by internet search engines and uses within contractual relations or permitted use as specified by applicable law.Detailed information regarding this notice can be found  here.