Translated material
The United States excluded from sanctions the nuclear power plant being built by Rosatom
The United States has exempted the construction of new nuclear power units in Hungary from sanctions. It is conducted by the Russian corporation Rosatom.
According to US Secretary of State Marco Rubio, an exception was made to ensure Hungary's energy security. “They need to finish it,” Rubio said at a press conference in Canada. “But the project was developed and carried out by a Russian company and we want it to be able to be completed.”
Rubio also explained Washington ’s decision to exclude Russian energy supplies to Hungary from sanctions. He called these supplies "a small part of Russian exports."
“But this is almost all that Hungary buys,” he said. “And it will be deeply destabilizing if they are left without these supplies.”
The lifting of US energy sanctions on Russian exports to Hungary and the construction of nuclear power plants was one of the key goals of Hungarian Prime Minister Viktor Orban's visit to Washington in early November.
According to the IMF, Russia will account for 86 percent of Hungary's oil imports in 2024. The loss of this source of energy resources could lead to a decline in the country's GDP by 4 percent.