Hungarian Prime Minister Viktor Orbán 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,” Orbán 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.
Orbán’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. Orbán 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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