By Arif Qureshi | September, 21, 2016 |
Islamabad: Ukrainian ambassador to Pakistan Mr. Volodymyr Lakomov, hosted a grand reception to mark 25th anniversary of his country’s independence Day here at a Serena hotel in Islamabad on Wednesday. Mr. Volodymyr Lakomov along with senior officials of embassy were in the reception lion to greet the distinguished guests belonging to different segments of Pakistani society including politicians, parliamentarians, members of diplomatic community, businessmen and social activists.
Minister for Defence Production Rana Tanveer Hussain was the chief guest of ceremony. Before starting the official ceremony national anthems of Pakistan and Ukraine were played. Ukrainian ambassador Mr Volodymyr Lakomov, along with chief guest cut the cake in front of a large audience comprising mostly form diplomatic circles.
Addressing on the occasion Mr Volodymyr Lakomov, Ukrainian ambassador to Pakistan highlighted the bilateral relations of Pakistan and reiterated to further enhance these ties. Ukraine’s Envoy briefed that attractive opportunities existed for the Pakistani investors in Ukraine, after amendments in investment law. He said President of Ukraine Petro Poroshenko signed the law on amendments to several legislative acts of Ukraine regarding the abolition of mandatory state registration of foreign investments.
The law provides for creation of more favorable conditions for the attracting investments. Such amendments will bring the Ukrainian legislation closer to the EU standards and facilitate the revival of the Ukrainian economy, he told. Recently, the State Property Fund of Ukraine announced the privatization programme for the year 2016, which includes a number of high-technological and industrial enterprises formerly owned by the government-assets, that can constitute a serious interest for Pakistani investors, he said.
Minister for Defence Production Rana Tanveer Hussain in his inaugural address said Pakistan valued its relations with Ukraine and believed that with the passage of time, both the countries would develop meaningful and long term relationship through enhanced bilateral cooperation. On the occasion he offered the Ukrainian envoy to identify more areas of bilateral interest so that the collaboration could be taken to new heights. Pakistan recognized Ukraine’s independence in 1991. Diplomatic relations between both countries were established 1992. However, the Pakistan and Ukraine relations were first established before the Ukrainian independence from Soviet Union.
Ukraine and Pakistan are due to sign an inter-governmental Agreement on Mutual Promotion and Protection of Investments, which is already in the pipeline and will be concluded during the upcoming high-level visits, Volodymyr Lakomov said. Pakistan’s Board of Investment will soon provide a new draft of this agreement for consideration of the Ukrainian Side.
Pakistan and Ukraine enjoy close and friendly bilateral relations based on mutual understanding and brilliant cooperation in many different fields, from defence and trade to cultural cooperation. Pakistan’s Al-Khalid (MBT-2000) series of tanks is sign of friendship and defense relations between Pakistan-Ukraine. Ukraine manufactures the engines that are used in Pakistan’s Al-Khalid (MBT-2000) series of tanks. About 500 of these tanks were in use by the Pakistan Army as of 2009. The tanks were jointly developed by China and Pakistan in the 1990s and now are a major component of Pakistan’s land-based conventional forces.
The Writer is Editor Daily Online News Paper “The Fortress” He can be reached at email@example.com