You're reading: Hungary wants to boost trade and economic cooperation with Ukraine

Budapest – Hungary is interested in boosting trade and economic cooperation with Ukraine, Hungarian Prime Minister Viktor Orban has said. 

“The recent developments in Cyprus make it absolutely clear for Hungary that one-sided foreign trade, which now characterizes Hungary, is in a sense a barrier,” he said at a joint press conference with Ukrainian Prime Minister Mykola Azarov in Budapest on Thursday.

“75-78% of Hungarian exports go to the West, and we are not using the opportunities of the East, including Ukraine. We have discussed today the prospect for using these opportunities,” he added.

Orban said that Hungary considers Ukraine a very promising country.

According to him, the two parties also discussed the cooperation in cultural area, in particular, holding Days of Ukrainian Culture in Hungary.