Hungarian Foreign Minister Péter Szijjártó reaffirmed Hungary’s position that member states have a sovereign right to determine what energy carriers they acquire and in what quantities, from whom, and based on what price formula, following a summit of EU energy ministers at the end of October.
‘A stable Israeli administration under Benjamin Netanyahu and a victory of the US Republican Party in the midterm elections would be a bright and promising development for peace in the Middle East,’ said Péter Szijjártó, Hungary’s minister of foreign affairs and trade, on Wednesday in Jordan.
‘Peace will not come about without dialogue,’ Péter Szijjártó, the foreign minister of Hungary said after his meeting with Sergei Lavrov.
On 21 July, Minister Péter Szijjártó announced a HUF 400 billion expansion investment at Mercedes-Benz’s factory in Kecskemét.
‘Today, it [Hungary] functions as a crucial entry point for the West into the Turkic Silk Road and can offer a platform for deeper engagement and economic collaboration. With its established partnerships and extensive experience, Hungary is well-positioned to help other Western countries effectively engage with the dynamic and increasingly growing Turkic market.’
In the latest sign of deteriorating relations, Ukraine’s Ministry of Foreign Affairs has summoned Hungarian Ambassador to Kyiv Antal Hejzer in response to an advertising campaign portraying Hungarian opposition leader Péter Magyar as the ‘Hungarian Zelenskyy’. Ukraine’s EU accession is increasingly becoming a central topic in the electoral campaign for Hungary’s 2026 parliamentary election.
Protests in Serbia have continued since November, sparked by a deadly infrastructure collapse and growing anger at President Vučić’s government. As the EU backs protesters and withholds aid, Hungary defends Vučić, denouncing the movement as a foreign-backed attempt to destabilize the region.
On the 100th anniversary of Hungarian–Iranian diplomatic ties, Hungary joined Iran Expo 2025 in Tehran, fostering business talks and new trade partnerships. With 3,100 traders from 111 countries, the expo underscored growing economic, agricultural, and educational cooperation between the two nations.
Hungary and Türkiye aim to boost annual trade from $3B to $5B, as per a nine-point deal signed at the recent meeting of the Hungary–Türkiye Joint Economic Commission in Ankara, Türkiye. The pact includes visa facilitation, a €255M Eximbank credit line, and new investments—highlighting deepening ties between the two nations across multiple sectors.
At the NATO summit in The Hague, leaders pledged record defence spending—5 per cent of GDP by 2035—marking the biggest shift since the Cold War. While Ukraine saw little progress toward membership, Donald Trump stole the spotlight with military success and strong support from allies, reshaping the summit’s focus toward core defence.
Hungarian Conservative is a quarterly magazine on contemporary political, philosophical and cultural issues from a conservative perspective.
