BRUSSELS (Reuters) – Hungary has not but determined whether or not to help the extension of European Union sanctions on Russia due on the finish of this month and believes the EU ought to resolve on the problem solely after consulting with the Trump administration incoming. The Hungarian EU minister stated so. Thursday.
“I feel it’s pure that earlier than deciding on the renewal for an additional six months, we ask the brand new American administration the way it sees the way forward for the sanctions regime,” Minister Janos Boka instructed reporters in Brussels.
“There isn’t any resolution but on the Hungarian place,” Boka added. “We wish to reserve our resolution till we all know how the US administration views the way forward for the sanctions regime.”
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The EU has permitted 15 sanctions packages towards Russia since Moscow’s invasion of Ukraine in 2022 and is engaged on a sixteenth set of measures.
The sanctions about to be renewed cowl a number of financial sectors and the freezing of Russian central financial institution belongings, Boka stated.
The EU renews present sanctions each six months and requires unanimity amongst its 27 member international locations to take action.
Hungary has maintained nearer financial and political relations with Moscow than different EU international locations.
(Reporting by Andrew Gray, Editing by Charlotte Van Campenhout)
