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Hungary Signs 12-Point Agreement to Boost Russian Investments

4/8/2026

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Story summary
  • Hungary's government signed a confidential 12-point agreement with Russia, with Foreign Minister Peter Szijjarto and Russian Health Minister Mikhail Murashko as signatories.
  • The 12-point plan addresses energy and education and aims to reverse Hungary's trade decline caused by EU sanctions.
  • The agreement seeks to encourage Russian investment in Hungary's energy projects, with Szijjarto defending the move as national interest despite opposition concerns.