The deadline for Russia sanctions may be approaching

Song Minh |

Hungary has warned the EU that sanctions against Russia could only last if Ukraine resumes gas transit.

Hungarian Prime Minister Viktor Orban said that the European Union (EU) sanctions against Russia can only be extended if Ukraine meets three conditions, including restoring the transit of Russian gas to Central Europe, stopping attacks on the TurkStream gas pipeline and ensuring continued oil transit through its territory.

In an interview with Kossuth Radio, Mr. Orban emphasized that he had warned EU leaders: "If Ukraine wants to receive support, including the maintenance of sanctions against Russia, it must act reasonably."

The three conditions he set for Ukraine are: Restoring the transit of Russian gas to Central Europe; Stop using military measures to attack the TurkStream gas pipeline; Do not impose an embargo on Russian oil supplies through Ukraine to Europe.

Mr. Orban warned that if Ukraine does not meet these conditions, the sanctions against Russia, which need to be extended on January 31, will not continue. For the sanctions to continue, the EU needs the consent of all 27 members, while Hungary has warned of a boycott.

The Hungarian Prime Minister criticized Kiev for increasing energy prices in the European market, seriously affecting countries in the region. "If Ukraine does not interfere in our work, energy prices will not be as high as they are now and gasoline prices will not be as expensive," Mr. Orban affirmed.

He also stressed that the EU's sanctions policy did not achieve the initial target but also caused serious damage to member states. According to Hungary's estimate, the country has suffered about 19 billion euros in losses due to the embargoes alone.

Mr. Orban said that by January 31, the EU will have to decide whether to extend the sanctions against Russia for another 6 months or not. Mr. Orban expressed strong opposition to the EU leaders, emphasizing that: "The sanctions policy cannot continue if it only causes damage to ourselves".

The Hungarian Prime Minister called on the EU to reconsider the embargo strategy, asserting that maintaining an ineffective policy only causes harm to member states without achieving the original goal of putting pressure on Russia.

If all 27 EU members do not reach a consensus by January 31, the sanctions against Russia will expire.

Song Minh
RELATED NEWS

Russia will not let the Baltic Sea become NATO's internal lake

|

Russia will take all necessary measures to protect its interests in the Baltic Sea region amid increased NATO activity.

President Donald Trump issues an "ultimatum" to Russia

|

US President Donald Trump issued an "ultimatum" to Russia, urging it to end the conflict in Ukraine or face sanctions.

EU admits to paying a heavy price for giving up Russian gas

|

The EU admits that the loss of cheap Russian gas supplies has cost the continent skyrocketingly high costs.

Vingroup has filed a lawsuit against Facebook account owner Hien Nguyen in a court in the US

|

Vingroup sued Facebooker Hien Nguyen in a US court for posting false information, demanding an end to his behavior and compensation for damages.

Young man was beaten to death by lightning while watching a phone in the house

|

Ha Tinh - A young man in Huong Xuan commune was suddenly hit by lightning while watching his phone.

Proposing the Government to strictly control gold prices and foreign exchange rates

|

The Standing Committee of the Petition and Supervision Committee recommended that the National Assembly Standing Committee propose that the Government strengthen the management and control of gold prices and foreign exchange rates.

Appointment of 4 members of the Board of Directors of the Social Policy Bank

|

The Prime Minister decided to appoint 3 deputy ministers and 1 secretary of the Central Youth Union to concurrently hold the position of member of the Board of Directors of the Bank for Social Policies.

Governor of the State Bank of Vietnam Nguyen Thi Hong is ranked A+ by Global Finance

|

The Central Bank Governor's Ranking Report has been published annually by Global Finance since 1994.

Russia will not let the Baltic Sea become NATO's internal lake

Song Minh |

Russia will take all necessary measures to protect its interests in the Baltic Sea region amid increased NATO activity.

President Donald Trump issues an "ultimatum" to Russia

Ngọc Vân |

US President Donald Trump issued an "ultimatum" to Russia, urging it to end the conflict in Ukraine or face sanctions.

EU admits to paying a heavy price for giving up Russian gas

Khánh Minh |

The EU admits that the loss of cheap Russian gas supplies has cost the continent skyrocketingly high costs.