Black Friday is Now! Don’t miss out on up to 60% OFF InvestingProCLAIM SALE

Hungary's Orban urges closer EU union on markets and defence, but not political issues

Published 09/06/2024, 07:59 AM
Updated 09/06/2024, 08:00 AM
© Reuters. Hungarian Prime Minister Viktor Orban speaks during the European House - Ambrosetti Forum, an annual conference that gathers business and political leaders at the end of the summer, in Cernobbio, Italy, September 6, 2024. REUTERS/Claudia Greco
CL
-

BUDAPEST (Reuters) - The European Union needs closer cooperation on markets and defence, but not on political issues such as migration, where major differences between countries make this impossible, Hungarian Prime Minister Viktor Orban said on Friday.

"There are issues, even existential issues, to which we don't have common answers, this is war and peace, migration, gender, labour-based society, full employment," Orban told a conference in Cernobbio, Italy.

"If you force us to come together on issues we don't agree, you disintegrate the European Union," he said.

Orban also said that his visits to Kyiv and Moscow earlier this year, which some European Union partners criticised, led him to conclude that there was no intention on either side to make peace and reach a ceasefire in right now.

But the Hungarian leader said communication lines must be open on both sides if Europe wants to end the war in Ukraine.

Hungary, which has maintained close ties to Russia since Moscow's February 2022 invasion of Ukraine, has held the EU's rotating six-month presidency since July.

After taking the helm, Orban visited Kyiv and then made surprise visits to Moscow and Beijing before attending a NATO summit in Washington. His self-styled "peace mission" drew sharp criticism from some EU leaders who distanced the bloc from his actions.

But nationalist Orban, who has endorsed Donald Trump for the upcoming U.S. presidential elections, said on Friday peace would never be achieved without keeping communication lines open with both Ukraine and Russia.

Orban also praised Trump's "deal-making approach" and said Europe would have to cooperate with the eastern part of the world to improve its economic competitiveness.

© Reuters. Hungarian Prime Minister Viktor Orban speaks during the European House - Ambrosetti Forum, an annual conference that gathers business and political leaders at the end of the summer, in Cernobbio, Italy, September 6, 2024. REUTERS/Claudia Greco

"Our interest is to cooperate well with the West, the United States, and to cooperate economically as much as we can with the East, now China and even with the Russians after the war and on the territories where there are no sanctions, I would suggest to cooperate even with the Russians," Orban said.

Hungary buys most of its gas and crude oil from Russia and Russia's Rosatom is building a nuclear plant in the country.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.