Ukrainian Trad­ing House in Pak­istan

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Alexan­der Ivanchuk, Ukrainian Am­bas­sador, while lead­ing a del­e­ga­tion at Fed­er­a­tion of Pak­istan Cham­bers of Com­merce and In­dus­tries (FPCCI), stated the open­ing of Trad­ing House in Pak­istan.

Tariq Say­eed, founder and for­mer Pres­i­dent SAARC CCI and for­mer Pres­i­dent of FPCCI, wel­comed the Ukrainian del­e­ga­tion at the FPCCI Head Of­fice, as a fol­low-up to the visit of FPCCI’s del­e­ga­tion to Ukraine in De­cem­ber last year.

Speak­ing on the oc­ca­sion, Tariq Say­eed said that both Ukraine and Pak­istan form a trade mar­ket of over $200 bil­lion. The vol­ume of trade, how­ever, was un­for­tu­nately be­tween $125 mil­lion- $175 mil­lion, which is be­low 0.25 per­cent of the to­tal trade of both coun­tries with the rest of the world.

Ac­cord­ing to Ivanchuk, the Trad­ing House is de­sired to be setup by a con­sor­tium of Ukrainian com­pa­nies prefer­ably in the Ex­port Pro­cess­ing Zone. This will serve not only as the rep­re­sen­ta­tive of­fice of the Ukrainian Cham­ber of Com­merce and In­dus­tries (UCCI) but will also con­nect busi­ness­men of both the coun­tries to pro­mote the ex­port in­ter­ests of each other.

Engr. M.A. Jab­bar, the Hon­orary Con­sul Gen­eral of Ukraine in Karachi, said, “We are wit­ness­ing his­tory in the mak­ing be­cause this was the first del­e­ga­tion from Ukraine, which was vis­it­ing Pak­istan af­ter in­de­pen­dence of Ukraine in 1991. We have wit­nessed the strong de­sire of both sides to do busi­ness as an out­come of the visit. This stand alone would suf­fice to say that a way for­ward as­sur­ing bet­ter prospects for both side busi­ness­men ex­ist to en­ter into trade regime of 250 bil­lion US dol­lars avail­able in both coun­tries.

MoU sign­ing cer­e­mony of the Ukrainian Trad­ing House.

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