Developing trade links with Ukraine
ilateral relations between Pakistan and Ukraine started strengthening during the times of the former Soviet Union when Soviet experts, the vast majority of whom were Ukrainian, assisted in developing key industries in Pakistan in the sixties and 70s. H. E. Ihor Pasko, Ambassador of Ukraine to Pakistan, characterizes the current relations between the two countries as a ‘dynamic process’. This high level understanding in political, military, trade, economic areas and effective cooperation in international organizations is congenial for Ukraine and Pakistan towards expanding and deepening mutually beneficial relations.
These bilateral ties are being strengthened through the efforts of Ahmed Nawaz Salim Mela, Pakistan Ambassador to Ukraine who is engaged in enhancing cooperation in the fields of defence, trade, economics, science and technology, and education. Specifically, in order to promote ties in the trade sector, the Trade Development Authority of Pakistan (TDAP) led the first ever high profile business delegation to Ukraine.
In collaboration with the Pakistan Embassy in Ukraine, TDAP organized the first Pakistan-ukraine Business Forum at Kyiv. Tariq Puri, Chief Executive TDAP, highlighted the bilateral trade features. He said that Pakistan’s exports to Ukraine have shown a substantial increase over the last 8 years and the average exports during this period stood at 53 percent. In 2003, Pakistan’s export to Ukraine were US $7.45 million which reached US $66.52 million in 2010. Also, the 116 products which Pakistan exports to Ukraine have a market share of 5.1 percent which constitutes 2.2 percent of Ukraine’s total imports worth US $61 billion. Puri also spoke about Pakistan’s endeavours to increase its trade share by adding value to its supply chain and product diversification.
Puri also exchanged views with Victor Mayko, Deputy Minister for Foreign Affairs of Ukraine. He emphasized the significance of having a liberal visa regime between the two countries and received assurances from Mayko that the Ukrainian government would work towards the creation of a conducive business environment for the facilitation of Pakistani businessmen visiting