Despite their proximity to Russia and opposition to military aid to Ukraine, Moscow considers Slovakia and Hungary “unfriendly states.” This means that Russian sanctions also apply against them.
“Despite the determination of these countries to maintain a number of useful practices in strategically important sectors of their trade and economic relations with Russia, and despite their focus on maintaining bilateral political dialogue, Budapest and Bratislava are limited through their membership of the European Union. and NATO “Submission to bloc discipline, including anti-Russian restrictions,” the Foreign Ministry in Moscow emphasizes. “There are therefore insufficient grounds for a review of their current status.”
Hungary was only added to the list later
The Russian government approved the list shortly after the invasion of Ukraine in March 2022. President Vladimir Putin had signed a decree banning investors from “unfriendly” countries from selling shares in certain key sectors such as energy and banking without his express permission.
This list currently includes 46 countries and territories: all EU Member States, including Austria and Ukraine, Montenegro, Switzerland, Albania, Andorra, Iceland, Liechtenstein, United Kingdom, Monaco, Norway, San Marino, North Macedonia, Japan, South Korea and Australia, Micronesia, New Zealand, Singapore and Taiwan. Slovakia has been on the list since July 2022, Hungary was only discussed in March 2023.
Source: Krone
I am Ida Scott, a journalist and content author with a passion for uncovering the truth. I have been writing professionally for Today Times Live since 2020 and specialize in political news. My career began when I was just 17; I had already developed a knack for research and an eye for detail which made me stand out from my peers.
