HUNGARY AND UKRAINE: BILATERAL TRADE DYNAMICS

The article concentrates upon the bilateral trade of Hungary and Ukraine, the dynamics of their export and import. The necessity of optimal monetary policy research and providing conditions for its effective implementation are revealed. Bilateral trade relation of Ukraine and Hungary as independent states is an example of civilized and pragmatic international cooperation, especially in the Central European region. Its specific fluctuations depend on common historical background and processes, EU accession of Hungary, Ukrainian European direction and common problems as for two Border States. But the political crisis in Ukraine and economic situation in Hungary lead to deterioration of macroeconomic indicators and deepen the problems that exist in the development of trade relations between Ukraine and the Republic of Hungary.