De­vel­op­ing trade links with Ukraine

Enterprise - - Interview -

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

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