Hungarian foreign minister: EU sanctions are dangerous

Minister of Foreign Affairs and Trade Péter Szijjártó met with leaders of the World Meteorological Organization, the World Trade Organization and the World Health Organization as well as the general secretary of the United Nations Trade and Development Conference in Geneva on Friday. He also talked about how dangerous the EU sanctions are.

Hungary is using its strategy of economic neutrality as its defence against the European Union’s dangerous sanctions-based policy, and the government will not let economic policy be held hostage by ideological issues, Szijjártó was quoted as saying by his ministry in a statement.

Szijjártó warned that the EU sanctions introduced in recent years were causing serious damage, especially for countries that are deeply integrated into world trade and the global economy.

“It is time for the European Union to abandon its policy of sanctions and restrictions,” he said. “Let it be clear what incredible damage sanctions and restrictions have caused the European economy, including the economies of the member states,” he added.

He also noted that the general secretary of the World Trade Organization also praised the government’s approach and the strategy of economic neutrality and congratulated on the results achieved in the midst of serious difficulties.

Szijjártó pointed out that Hungary trades with both Eastern and Western countries and companies, and attracts job-creating investments from both East and West.

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