The article analyses the trends and developments in Ukraine-Malaysia relations since their establishment in 1992. During the contemporary period, the economic, cultural, tourism links and other aspects of bilateral relations have expanded. There is plenty of scope for trade to continue growing. In fact, Ukrainian-Malaysian relations are complex, multifaceted, and have significant potential for further development. Ukraine sees Malaysia as an important and stable partner in Southeast Asia, a leading member of ASEAN and a moderate representative of the Islamic world. Both being UN members, Ukraine and Malaysia share a common perspective on a broad range of regional and global issues. This is followed by a whole complex of Malaysian issues, namely foreign, domestic, security policies, regional cooperation and others. The article also assesses the contemporary trends in and prospects for Malaysian multilateral ties by identifying the changing dynamics that have brought a qualitative shift in Malaysia’s relationships with the US, China, and Japan. Conclusions have been made on the enhancement of bilateral and multilateral cooperation. The author concludes that the relations with Malaysia should be focused on the further intensification of political dialogue, maintenance of economic cooperation with Malaysian partners, search for opportunities for industrial and investment cooperation, taking into account national interests, as well as securing main lines of sectoral cooperation and developing cultural and humanitarian cooperation. The issue of expanding the legal framework of bilateral relations with Malaysia remains relevant. Therefore, today there is a need to elaborate a new format of relations between Ukraine and Malaysia. Keywords: Ukraine, Malaysia, Southeast Asian countries, Association of Southeast Asian Nations (ASEAN), foreign policy, diplomatic relations, security, regional cooperation, newly-industrialized countries, ‘second wave’, infrastructure.
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