• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
Trending:
  • Kashmir
  • Elections
Saturday, July 18, 2026

Daily Times

Your right to know

  • HOME
  • Latest
  • Iran-Israel war
  • Pakistan
    • Balochistan
    • Gilgit Baltistan
    • Khyber Pakhtunkhwa
    • Punjab
    • Sindh
  • World
  • Editorials & Opinions
    • Editorials
    • Op-Eds
    • Commentary / Insight
    • Perspectives
    • Cartoons
    • Letters to the Editor
    • Featured
    • Blogs
      • Pakistan
      • World
      • Lifestyle
      • Culture
      • Sports
  • Business
  • Sports
  • FIFA World Cup
  • E-PAPER
    • Lahore
    • Islamabad
    • Karachi

Staff Report

Pak-Ukrainian bilateral trade to see enormous expansion: Ambassador

Published on: December 21, 2017 7:10 AM

ISLAMABAD: Ukrainian Ambassador to Pakistan Volodymyr Lakomov stressed on Wednesday that there was huge potential for expanding economic cooperation between Pakistan and Ukraine.

He expressed these views at a ceremony held to mark the centenary of Ukrainian diplomatic service.

He hoped that bilateral trade volume would increase significantly from the current level of $200 million in the years to come.

“We notice growing economic interaction between business communities of our two countries,” Lakomov said.

“This year, we celebrate another anniversary known as the 25th anniversary of the establishment of diplomatic relations between Ukraine and the Islamic Republic of Pakistan after both the countries established diplomatic ties on March 16, 1992,” he remarked.

He said ties between both countries have always been friendly, sincere, and based upon mutually beneficial cooperation.

“Both countries have reached the high level of mutual understanding and trust in political and diplomatic spheres,” he observed.

“A military-technical collaboration remains one of the main pillars of the Ukrainian-Pakistani relations,” he recalled.

He said the first important contracts between Pakistan and Ukraine were concluded in a military-technical sphere in 1996.

One of them is the well-known multimillion-dollar tanks contract which provided Pakistan with modern tanks, and Ukrainian enterprises with prospective long-term orders, he noted.

He said the two countries take interest in each other’s market and stressed the need to exploit huge unused potential for economic cooperation.

“Cultural heritage of Ukraine and Pakistan provides good background for cooperation in this field. Ancient civilisations of Indusvalley and Trypillia were one of the first great civilisations in the world,” he observed.

In the past 25 years, hundreds of Pakistani citizens have received higher education in Ukrainian universities.

He said two universities of his country were planning to launch Urdu language programmes in near future, which would go a long way to cement bilateral ties.

This year, his country would celebrate several important anniversaries linked with the Ukrainian revolution of 1917-1921, he noted.

“And now is the time to recollect another anniversary – a hundred years of diplomatic service of Ukraine,” he added.

By honoring the centennial of Ukrainian diplomacy on the highest governmental level, his country is sending a crystal-clear message to the world that independent Ukraine was not born yesterday, and that the Ukrainian statehood is based on a great tradition that deserves to be cherished.

Published in Daily Times, December 21st 2017.

Filed Under: Pakistan

Submit a Comment




Primary Sidebar




Latest News

Oil Prices Drop After Pakistan Proposal Shakes Global Market

Oil tops $87 amid US-Iran tensions

Pakistan calls Houthi attacks on Saudi Arabia a ‘red line’: Report

Iran accuses US of civilian infrastructure attacks

Trump signals broader Iran strikes as regional tensions deepen

Government cuts national savings profit rates

Pakistan

Pakistan calls Houthi attacks on Saudi Arabia a ‘red line’: Report

Pakistan extends airspace ban until August 24

Security forces foil suicide attack, destroy explosive-laden vehicle in Wana

Quetta sit-in ends after government reaches agreement with martyrs’ families

Six rescued after glacier collapse in Kalam, one missing

More Posts from this Category

Business

Gold price jumps Rs2,400 per tola in Pakistan

US-Iran tensions push oil prices to months-high levels

Govt maintains petroleum levy on petrol at Rs80, diesel at Rs70.82 per litre

Pakistan posts $139m current account deficit despite record remittances in FY26

Finmin calls for implementation of capital market reforms

More Posts from this Category

World

Pakistan calls Houthi attacks on Saudi Arabia a ‘red line’: Report

Iran accuses US of civilian infrastructure attacks

Trump signals broader Iran strikes as regional tensions deepen

More Posts from this Category




Footer

Home
Lead Stories
Latest News
Editor’s Picks

Culture
Life & Style
Featured
Videos

Editorials
OP-EDS
Commentary
Advertise

Cartoons
Letters
Blogs
Privacy Policy

Contact
Company’s Financials
Investor Information
Terms & Conditions

Facebook
Twitter
Instagram
Youtube

© 2026 Daily Times. All rights reserved.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.