Iranian Army Chief calls Saudi Defense Minister to discuss regional stability    Electronic power of attorney service launched for prisoners    Royal Commission for Jubail and Yanbu plans to impose hefty penalties for various municipal violations    Saudi Arabia's net FDI jumps 44% to SR22 billion in Q1 2025    IAEA: Iran could resume uranium enrichment within months after U.S. strikes    Trump calls Netanyahu corruption trial a 'political witch hunt'    Ukrainian F-16 shot down in Russian strike; pilot killed after downing seven targets    Four killed in Yak-52 crash during stunt in Moscow region    Historic Jeddah's visual identity re-imagined through global art installations at Al-Arbaeen Lagoon    Cristiano Ronaldo says the past is over and this season will be Al Nassr's    Saudi Arabia exit Gold Cup after quarterfinal defeat to Mexico    Al Hilal land in Orlando ahead of Club World Cup clash with Manchester City    Saudi unemployment drops to record low of 6.3% in Q1 2025    Al Hilal suffer injury blows ahead of Club World Cup match with Manchester City    Saudi Arabia extends tax penalty waiver initiative until end of 2025    Saudi Arabia opens airspace to over 1,300 daily flights amid regional crisis    Brad Pitt's Los Angeles home 'ransacked', police say    Saudi economy demonstrates strong resilient to global shocks; IMF asserts    Tehran Symphony Orchestra holds free concert to honor Iranians killed in conflict with Israel    49% of Saudi internet users spend 7 hours a day online    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Pakistani star's Bollywood return excites fans and riles far right    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Hungary and Slovakia block EU's fresh Russia sanction package
Published in The Saudi Gazette on 24 - 06 - 2025

Hungary and Slovakia announced they would block the EU's 18th sanctions package against Russia during the Foreign Affairs Council in Brussels, Hungarian Foreign Minister Péter Szijjártó said on Monday, adding that the move came in response to the European Commission's RePowerEU plan that aims to cease all energy imports from Russia.
"They demanded today that we create a sanctions package that is as strong, as comprehensive, and as severely punishing the energy sector as possible. However, we, together with Slovakia, prevented the adoption of the sanctions package today. We did this because, in parallel with all this, the EU wants to prohibit the member states, Hungary and Slovakia, from buying cheap Russian natural gas and cheap Russian crude oil, as we have been doing so far," Szijjártó said.
The adoption of the sanctions package was not on the official agenda of EU foreign ministers at the meeting, though interventions and political statements were made on the issue. A substantive vote on the sanctions package will come in a meeting of ambassadors in Brussels. At the closing press conference of the meeting, EU High Representative Kaja Kallas said they are aiming to adopt the new package of sanctions by the end of this week.
The Hungarian minister argued that Brussels' proposal to cut gas and oil imports from Russia would hit Hungary and Slovakia badly.
"This proposal would destroy Hungary's energy security, this proposal would put us in a position of severe dependence in terms of energy subsidies, and this proposal would double or triple the utility costs paid by Hungarian families," the minister added.
Szijjártó recalled that in 2022, when the EU sanctioned Russian oil imports, both Slovakia and Hungary negotiated an opt-out. By contrast, the procedure through which the Commission has implemented its REpowerEU plans leave no member states with the chance to wield a veto.
The European Commission's plans would gradually phase out energy imports from Russia by 2027. According to the Commission, this would end the EU's dependency on Russian fossil fuels and ultimately boost competitiveness.
"Russia has repeatedly attempted to blackmail us by weaponising its energy supplies. We have taken clear steps to turn off the tap and end the era of Russian fossil fuels in Europe for good," Commission President Ursula von der Leyen said when introducing the proposal.
The EU's fresh proposal for sanctions proposals was released at the beginning of June, would blacklist an additional 22 Russian banks and extend the ban on transactions to entities based outside the country that contribute to the circumvention of sanctions. They would ban financial transactions with the North Stream pipeline.
Péter Szijjártó also made clear during a press conference in Brussels that Hungary isn't willing to support any statement in support of Ukraine's EU accession at the European Council later this week.
"The Ukrainians cannot make a single step towards accession until the Hungarian cultural community's rights are returned. No pressure from Brussels would force us to give up [this condition]," the minister said.
The Hungarian government has been critical of Ukraine because it sees Kyiv as limiting the language and educational rights of the Hungarian minorities in Ukraine's Transcarpathia region. The government of Viktor Orbán also launched a campaign against Ukraine's EU accession, portraying this as an imminent threat to the EU's economy. At earlier EU summits 26 member states issued statements in support of Ukraine's accession without Hungary. — Euronews


Clic here to read the story from its source.