Trade With Hungary Tops 4 Billion Euro, Border Infrastructure Being Improved

Trade between Ukraine and Hungary continues to grow

uatv
22.03.2019

Photo from Ukrinform – UATV

In 2018, the trade turnover between Hungary and Ukraine totaled EUR 4 billion, larger than the share of Hungary-Russia trade. This was reported by Ukrinform.

“Ukraine is our largest neighbor. Despite the cool relations between the two countries, our trade with Ukraine totaled EUR 4 billion in 2018. It was greater than with Russia. Besides the controversial moments, there are a lot of positive things. It is a good start, we should continue to work,” Ambassador Extraordinary and Plenipotentiary of Hungary to Ukraine István Íjgyártó said in an interview with Focus magazine.

He also mentioned that Hungary was implementing two large infrastructure projects connected with Ukraine. The first one being the repair of the highway around Berehove and on the stretch up to Mukachevo in Zakarpattia region. The second project is the construction of an autobahn from the Hungarian side, which will soon approach the border with Ukraine as the last two dozen kilometers are to be constructed.

In addition, the diplomat said that negotiations are underway to build a bridge over the Tysa river creating a new border crossing.

“Obviously, the Chop bridge cannot cope with the flow of traffic. If more cargo is transported, and we hope that not only regional but also the state economic relations will be developed, the second bridge will be indispensable,” Íjgyártó said.

Source Ukrinform
date 22.03.2019
categories Ukraine and the EU
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