EU sanctions against Russia cause damages to Hungary
The embargo imposed against Russia and Russia's response cause much damages to Hungary – the Minister of State of Ministry of Foreign Trade and Foreign Affairs said at a CIS Club event in Budapest on Wednesday.
“As EU Member State, we voted for the EU sanctions, and of course we keep on with them, but it hurts” – Szabó László said. Hungary’s loss in agricultural exports is one million US Dollars per 3-4 days, since the beginning of August, so since the introduction of the sanctions the total loss is approximately 85 million USD – he added. (MTI)
Related news
EU: the application of international law is also an obligation in cyberspace
The Council of the European Union approved a statement on…
Read more >Polish Deputy Prime Minister: the EU-Mercosur cooperation agreement threatens Polish agriculture
The cooperation agreement to be concluded between the European Union…
Read more >Ministry of Agriculture: farmers are not obstacles, but partners in the green transition
European farmers should not be seen as an obstacle, but…
Read more >Related news
Why are parcel locker providers getting stuck? This data points to the reasons
Parcel terminals are becoming increasingly popular: this year, nearly three-quarters…
Read more >Sustainability and health: the rise of plant-based dairy products in Hungary
In recent years, plant-based dairy alternatives have gained significant popularity…
Read more >Milk and dairy products are becoming more expensive: what is behind the price increase?
The price of milk and dairy products has increased significantly…
Read more >