Hungarian Prime Minister Viktor Orban said on Saturday that preparations are under way for a substantial business mission to Moscow, describing the visit as an exclusively economic engagement.
“A huge business delegation will be traveling to Moscow in early December exclusively to discuss economic issues,” Orban told M1 TV during an event in central Hungary.
He noted that Budapest is now negotiating with Moscow over how strategic and economic cooperation will be structured once sanctions tied to the Ukraine conflict are eventually lifted. Hungary has long argued that sustained dialogue is essential, even as the European Union continues to expand its restrictive measures.
Orban’s announcement comes shortly after his late-November meeting with President Vladimir Putin in Moscow, a conversation that lasted nearly four hours. The leaders discussed bilateral relations and the situation in Ukraine. Orban publicly called the summit “successful” and pressed for the rapid launch of high-level negotiations between Russia and Europe, saying that renewed communication could help ease tensions.
Western governments have imposed 19 packages of sanctions on Russia since the start of the conflict in February 2022, targeting sectors ranging from energy to finance. Moscow has repeatedly denounced the measures as illegal, arguing that unilateral restrictions undermine global economic stability and act as “a double-edged sword.”
The planned business visit marks Budapest’s latest attempt to maintain channels with Russia while navigating the political divides within Europe on how to approach the conflict and its long-term economic impact.
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Russian Foreign Ministry spokeswoman Maria Zakharova on Thursday (26 February) accused Ukraine of threatening Europe’s energy security by halting oil flows through the Druzhba oil pipeline to Hungary and Slovakia.
Ukrainian President Volodymyr Zelenskyy has suggested that Hungarian Prime Minister Viktor Orbán should block financial support to Russia rather than Ukraine, as Budapest opposes the European Union’s 20th sanctions package against Moscow.
European Union Foreign Policy Chief Kaja Kallas has said the bloc is unlikely to reach agreement on a new package of sanctions against Russia at Monday’s meeting of EU foreign ministers, as continued Hungarian opposition keeps consensus out of reach.
Hungary has said it will block the European Union’s latest sanctions package against Russia unless oil supplies through the Druzhba pipeline are restored, deepening a dispute with Brussels and Kyiv over energy security.
Follow the latest developments and global reaction after the U.S. and Israel launched “major combat operations” in Iran, prompting retaliation from Tehran.
Tensions between the U.S. and Iran are escalating, with Washington ordering a significant military build-up in the region and multiple countries evacuating diplomatic staff amid fears of further instability.
Governments across the region responded swiftly to Israel’s strikes on Iran, closing airspace, issuing travel advisories and activating contingency plans amid fears of escalation.
A senior Iranian official has warned Israel to “prepare for what is coming”, insisting that Tehran’s response to the latest escalation in the Middle East will be made openly and without limits.
Ayatollah Alireza Arafi has moved into a pivotal constitutional role following the death of Supreme Leader Ayatollah Ali Khamenei, becoming the clerical member of Iran’s temporary leadership council under Article 111 of the Constitution of the Islamic Republic of Iran.
Protests broke out in Pakistan and Iraq on Sunday after Iranian state media confirmed that Supreme Leader Ayatollah Ali Khamenei had been killed in joint U.S.–Israeli strikes. At least nine people were reported dead in clashes near the U.S. consulate in Karachi.
Afghanistan said it had fired at Pakistani aircraft over Kabul after explosions and gunfire rocked the capital early on Sunday, marking a sharp escalation in fighting between the two neighbours.
A senior Iranian official has warned Israel to “prepare for what is coming”, insisting that Tehran’s response to the latest escalation in the Middle East will be made openly and without limits.
Cuba has released extensive details of a deadly midweek shootout at sea, showing rifles, pistols and nearly 13,000 rounds of ammunition that it says were carried by a group of exiles who attempted to enter the island by speedboat.
Afghanistan’s Taliban rulers said on Friday (27 February) they were ready to negotiate after Pakistan bombed their forces in several Afghan cities, including Kabul and Kandahar, and Islamabad declared the neighbours were now in "open war".
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