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Russia to be 'reintegrated' into world economy if war in Ukraine ends, Orban says

Published by Global Banking & Finance Review

Posted on February 14, 2025

2 min read

· Last updated: January 26, 2026

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Viktor Orban discusses Russia's potential reintegration into the global economy - Global Banking & Finance Review
Hungarian Prime Minister Viktor Orban speaks about the potential reintegration of Russia into the world economy following the end of the Ukraine conflict. His remarks highlight the impact on European energy systems and Hungary's economic future.
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BUDAPEST (Reuters) - Russia will be "reintegrated" into the world economy and the European energy system once a peace deal is achieved and the war ends in Ukraine, Prime Minister Viktor Orban told

Orban Predicts Russia's Economic Reintegration Post-Ukraine War

BUDAPEST (Reuters) - Russia will be "reintegrated" into the world economy and the European energy system once a peace deal is achieved and the war ends in Ukraine, Prime Minister Viktor Orban told state radio on Friday.

"If the U.S. president comes and creates peace, there is a deal, I think Russia will be reintegrated into the world economy ... the European security system and even the European economic and energy system, that will give a huge boost to the Hungarian economy," Orban, an ally of President Donald Trump, said. "We will win a lot with a peace deal."

Trump said both Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskiy expressed a desire for peace in separate phone calls with him on Wednesday, and he ordered top U.S. officials to begin talks on ending the war in Ukraine.

Since Russia invaded Ukraine in early 2022, Orban has emerged as a vocal critic of EU sanctions against Moscow and the bloc's financial and military support for Ukraine.

While countries in Western Europe have made serious efforts to wean themselves off Russian energy, landlocked Hungary gets 80-85% of its gas from Russia, with most of its crude oil supplies also coming from Russia.

(Reporting by Krisztina Than; Editing by Jacqueline Wong and Alex Richardson)

Key Takeaways

  • Orban suggests Russia will rejoin the global economy post-war.
  • Peace talks led by Trump could end the Ukraine conflict.
  • Hungary's economy heavily relies on Russian energy.
  • Orban criticizes EU sanctions against Russia.
  • Russia's reintegration could boost European energy systems.

Frequently Asked Questions

What did Viktor Orban say about Russia's reintegration?
Viktor Orban stated that Russia will be reintegrated into the world economy and European energy system once a peace deal is achieved and the war in Ukraine ends.
How has Orban criticized EU actions regarding Russia?
Orban has been a vocal critic of EU sanctions against Moscow and the bloc's financial and military support for Ukraine since the war began.
What is Hungary's reliance on Russian energy?
Hungary relies heavily on Russian energy, obtaining 80-85% of its gas and most of its crude oil supplies from Russia.
What did Trump say about peace talks with Russia and Ukraine?
Trump mentioned that both Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskiy expressed a desire for peace during separate phone calls with him.
What conditions did Orban suggest for Russia's reintegration?
Orban suggested that if a peace deal is created, particularly with U.S. involvement, Russia would be reintegrated into the world economy and the European security system.

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