Since1992 Ukraine and India have signed, atleast 17 bilateral
agreements. These include agreements on Cooperation in Science
and Technology, Foreign Office Consultation, Cooperation in
Space Research, Avoidance of Double Taxation and Promotion
and Protection of Investments. Several high powered delegations
from both countries have taken part in talks to help inform
and educate each other and thus increase trade value.
To improve trade relations
between the two countries, in 1999 an Avoidance of Double
Taxation Treaty and Prevention of Fiscal Evasion agreement
was signed by both countries. More recently, that is in 2001,
an extremely important agreement for Promotion and Protection
of Investment has also been signed. Joint Business Councils
and Joint Buisness Forums have been set up by the Chambers
of Commerce of both countries to help interaction and to build
better and stronger economic ties at the private sector level.
In March 2000, India-Ukraine JBC was signed.
Since 2001, regular sessions
of Ukrainian-Indian Inter-Governmental Commission on Trade,
Economic, Scientific, Technological, Industrial and Cultural
cooperation have been held to find joint solutions to issues
which could arise in the process of co-operation between the
two sides. This in turn helps to plan and develop the trade
and economic relations between the two countrie