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How Russia plans to revive its ties with Slovakia

15 October 2026 at 04:00

BRUSSELS — Slovakia is reviving a dormant cooperation forum with Moscow, putting Russia’s gas and oil supplies, nuclear fuel and the treatment of Russian athletes high on the agenda of their first such meeting in five years, according to a Russian government note obtained by POLITICO.

The note, written by Russian Science and Higher Education Minister Valery Falkov, says Slovak Foreign Minister Juraj Blanár agreed during an Aug. 20 video call to hold a meeting of the Russian-Slovak Intergovernmental Commission in Moscow.

Slovakia’s Prime Minister Robert Fico said Wednesday the meeting is scheduled for Nov. 25. The Russian note — which is dated Sept. 10 — initially set the date of the meeting as Oct. 26-27.

The IGC, which covers economic, scientific and technical cooperation, has been dormant since Russia’s full-scale invasion of Ukraine in February 2022. The last meeting was the commission’s 21st session, held in Bratislava on Nov. 12, 2021.

The meeting comes as Moscow finds openings in other international arenas. The U.S. has invited Vladimir Putin to December’s G20 summit in Miami, while the International Olympic Committee has provisionally lifted its suspension of the Russian Olympic Committee and urged sports bodies to ease restrictions on Russian athletes.

Asked about the purported agenda for the IGC, the Slovak foreign ministry directed POLITICO to Blanár’s public statements after the Aug. 20 call. “We pursue a policy in all directions and maintain dialogue with all countries that are interested in pragmatic cooperation with us for the benefit of the Slovak Republic’s national interests,” Blanár said at the time.

The Russian foreign ministry did not respond to a request for comment.

The renewed push for warmer Slovak-Russian relations follows Fico’s May 9 visit to Moscow, where he met Russia’s President Vladimir Putin during Victory Day commemorations. It comes after Viktor Orbán’s defeat in Hungary’s April election, which cost Putin one of his closest partners in Europe and forced him to look elsewhere for EU allies.

Months before losing the election to Péter Magyar, Orbán rebooted the Russian-Hungarian Intergovernmental Commission on Economic Cooperation, which had been suspended for several years after the 2022 invasion. Magyar’s government did not confirm to POLITICO whether the commission would go ahead next year.

EU leaders, including Fico, will gather in Brussels on Thursday for a two-day summit focused on issues including energy prices and support for Ukraine, with the country’s President Volodymyr Zelenskyy expected to join them for a conversation on Friday.

Oil imports and cultural integration

In the August video call, Blanár raised Slovakia’s opposition to the EU’s phaseout of Russian gas imports and asked to discuss supplies at the Moscow meeting, according to the document, which POLITICO could not independently verify but bears the hallmarks of a legitimate Russian ministerial note. Slovak representatives also stressed the importance of continued Russian oil deliveries through the Druzhba pipeline and welcomed regular shipments of nuclear fuel for Slovak power plants, according to the note.

Slovakia remains heavily reliant on Russian oil and gas, and Fico has argued that ending imports would raise costs. When the two leaders met in Moscow on May 9, Putin said Russia would do everything to meet Slovakia’s energy needs.  

The agenda for the meeting next month reaches beyond energy, according to the document. The sides plan to explore working groups on culture, tourism, agriculture and environmental protection, and to discuss the status of the Russian Center for Science and Culture in Bratislava.

Falkov also records Blanár’s opposition to what the note calls the “discrimination against Russian athletes” at international competitions, noting the issue is to be discussed at the IGC meeting.

The International Olympic Committee lifted the suspension of the Russian Olympic Committee in July and said its previous recommendations restricting Russian athletes’ participation no longer applied. World Archery lifted restrictions on Russian athletes and officials in August. FIFA President Gianni Infantino has also called for Russia to be allowed back into international football.

The approach echoes Moscow’s recent effort to lock in closer ties with Orbán’s Hungary. Budapest and Moscow in December agreed on a 12-point plan to expand cooperation in areas including energy, trade and culture. The plan was signed by then Hungarian Foreign Minister Péter Szijjártó and Russian Health Minister Mikhail Murashko after talks in Moscow in December. The Slovak note points to a similar breadth of ambition.

The Kremlin’s outreach to Fico shows how Moscow can use energy ties to pull individual EU countries away from a united stance on Ukraine. Putin made a similar pitch in Washington last weekend: After a call with the Russian leader, President Donald Trump said Russia would supply diesel to U.S. and global markets to bring down fuel prices. The deal would provide revenue to Moscow while weakening efforts to maintain a united front against the Kremlin.

But there are questions over whether Putin can follow through on his pledge to Trump. Ukraine has been stepping up drone strikes on Russian refineries, aiming to disrupt fuel supplies and cut revenue for Moscow’s war effort. Kyiv said this month that strikes had disabled 51 percent of Russia’s oil-refining capacity.

Securing energy and trade flows in geo-economic conflicts

Decades ago, the world treated global trade as a neutral ground that helped energy markets in becoming more integrated, as we still see them today. The standard view in policy circles was that trade made countries more secure and stable. Governments therefore now use tariffs and export controls as a chokepoint of power. Today interdependence between countries became a double-edged sword. Europe, for instance, faced this back in 2022, when the Russian gas that it long treated as a reliable commodity became a prominent tool of pressure overnight.

Mouza Hasan Almarzooqi, director of the Economic Studies Department, TRENDS Research and Advisory

Despite the shifts towards digital economies and the massive investments that countries have been pouring in it, a major share of world trade still goes through narrow water ways. The Strait of Hormuz, Suez Canal, bab el-Mandeb Strait and many more corridors could lead to world trade disruption if partly closed. In 2023 attacks on merchant ships in the Red Sea led to big containers switching their usual route through the Suez Canal and going around Africa instead. It resulted in higher insurances, increased fuel consumption and longer delivery times. At the same time, extreme drought forced the Panama Canal to cut daily Transits. Two of the worlds key sea shortcuts were constrained at once. Securing energy and trade flows in geo-economic conflicts is no longer only about protecting ships and pipelines; it is also about building systems flexible enough to absorb shocks that are now certain to come. The Hormuz crisis of 2026 made that lesson costly, and the states that act on it now will set the terms of the next era of global trade.

Despite the shifts towards digital economies and the massive investments that countries have been pouring in it, a major share of world trade still goes through narrow water ways.

Two years later, on the 28th of February 2026 as the US-Israel-Iran war started, The Iran Revolutionary Guard shut the Strait of Hormuz to control the oil that was being exported from the Gulf Cooperation Council. Within two weeks, the International Energy Agency ‘IEA’ reported that the exports through the Strait of Hormuz had fallen to a tenth of normal flows. Asian importers took the worst hit, as they highly depend on the Gulf’s crude. The damage, however, showed up in prices other than oil; for instance, urea fertilizers also flow through the strait, and its supply disruption led to higher food prices. Gulf countries demonstrated their resilience by finding alternatives to exporting away from the strait of Hormuz. The UAE, for example, Created the Habshan-Fujeirah line, which started construction in 2008 and was finished in 2012, to secure energy trade even if faced by geographical obstacles. Securing energy and trade flows is a significant topic to be discussed at the TRENDS Annual Forum on October 12, 2026, under the theme “Sustainable Security: The Post-War Future of the Middle East”.

The Middle East plays a crucial role in the global economy. It’s often faced with exposure to regional conflict, but it can secure trade through several approaches.

Via TRENDS

The Middle East plays a crucial role in the global economy. It’s often faced with exposure to regional conflict, but it can secure trade through several approaches. First, spreading the risk by creating more routes through land. The India-Middle East-Europe Economic Corridor, currently in the developments phase, is one initiative that seeks to connect several countries through one line of trade. The second approach is “Friend-shoring”, which protects sensitive supply chains by moving them to ally countries. This can be high in cost but works most efficiently when a country is faced by war. This approach demonstrates the benefits of economic partnerships and investing in ports in different geographies to secure supply chains especially given that more the 80 percent of world trade moves by sea. The third option is stockpiling. In March of 2026 the IEA agreed to release 400 million barrels of emergency reserves. Those reserves will not end the whole crises but will provide time for diplomacy to act.

These matters influence not just local residents but also have global repercussions, affecting everyday experiences worldwide through shifting costs for fuel, farming, and food supplies.

Trends Global, operating as part of TRENDS Group, is organizing its Annual Forum to examine critical issues and inquiries impacting the security of the Middle East. These matters influence not just local residents but also have global repercussions, affecting everyday experiences worldwide through shifting costs for fuel, farming, and food supplies. By gathering a diverse group of political figures, scholars, and leaders from the corporate and defense sectors, the event intends to explore the ongoing transformation of the territory. Establishing lasting stability in the post-conflict Middle East requires a departure from past patterns, ensuring that future security is not merely a reaction to a continuous cycle of emergencies.


Bibliography

  1. European Commission. (2022). REPowerEU: Affordable, secure and sustainable energy for Europe. https://commission.europa.eu/topics/energy/repowereu_en 
  2. Farrell, H., & Newman, A. L. (2019). Weaponized interdependence: How global economic networks shape state coercion. International Security, 44(1), 42–79. https://direct.mit.edu/isec/article/44/1/42/12237/Weaponized-Interdependence-How-Global-Economic 
  3. Gulf producers race to bypass Hormuz and bab el-mandeb – oil & gas middle east. Accessed September 27, 2026. https://www.oilandgasmiddleeast.com/news/gulf-producers-race-to-bypass-hormuz-and-bab-el-mandeb
  4. International Energy Agency. (2026, March 11). IEA member countries to carry out largest ever oil stock release amid market disruptions from Middle East conflict. https://www.iea.org/news/iea-member-countries-to-carry-out-largest-ever-oil-stock-release-amid-market-disruptions-from-middle-east-conflict 
  5. International Monetary Fund. (2024, March 7). Red Sea attacks disrupt global trade. https://www.imf.org/en/blogs/articles/2024/03/07/red-sea-attacks-disrupt-global-trade

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