Hungary traded more last year with Ukraine than with Russia

Monday, March 25, 2019
Hungary traded more last year with Ukraine than with Russia

Hungary traded more last year with Ukraine than with Russia, Hungary’s ambassador to Ukraine tells Focus magazine. “Ukraine is our greatest neighbor,” says Amb. István Iyardto. “Despite the cool relations between the two countries, our trade turnover with Ukraine in 2018 was €4 billion.” To boost bilateral trade, Hungary is working on two north-south road projects with Zakarpattia. Hungary is paying to repair the 40 km road section from the border to Berhove and on to Mukachevo. Nearby, Hungary is completing a highway north to Ukraine’s border town of Chop. “Obviously, the Chop Bridge cannot cope with the flow of traffic,” Iyardto said of the Soviet-era bridge over the Tisa River. With cargo projected to grow, Hungary is negotiating with Ukraine to build a second bridge.

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