Foreign Minister spoke about the effects of the war in Ukraine and European sanctions at the MCC Budapest Peace Summit.Continue reading
Europe needs strategic autonomy, because the continent will be at a disadvantage if it constantly plays to the tune of other world political players without the ability to make independent decisions and assert its interests, Minister of Foreign Affairs and Trade Péter Szijjártó said in Paris on Wednesday.
Following talks with the Foreign Affairs and Defense Committee of the French Senate, the Foreign Minister said that they had discussed the war in Ukraine and its impact.
As a consequence of the war, Europe has been extremely weakened politically and economically,”
he argued.
According to Péter Szijjártó, the continent has become weakened “politically, because one year, three months and two weeks have not been enough for us in Europe to move closer to peace, we have not been able to stop this war. We have been weakened economically, because the difference in the European and American responses to the war has put European companies at a huge competitive disadvantage compared to American ones,” the Minister explained.
The Foreign Minister noted that while the US Inflation Reduction Act “shamelessly and quite openly supports US companies against European ones,” here in Europe, sanctions are doing more damage to the European economy than to the Russia’s.
Featured photo via Facebook/Szijjártó Péter