Political Relations
Diplomatic relations between Nepal and Ukraine were established on 15 January 1993. The relations between the two countries have remained friendly and cooperative ever since. The Nepalese Embassy in Berlin is concurrently accredited to Ukraine. Likewise, Ukrainian Embassy in New Delhi is accredited to Nepal. A Ukrainian honorary consul is functioning in Kathmandu. Official visits are yet to take place between Nepal and Ukraine.
Cooperation
A Ukrainian business delegation of the Chamber of Commerce and Industry of Odessa, Ukraine visited Kathmandu in 2000 in connection with signing an MoU with the Federation of Nepali Chambers of Commerce and Industries with a view to boost trade relations between Nepal and Ukraine.
Trade and investment
The trade transactions of Nepal with Ukraine are still at the stage of growth in comparison with other European Countries.
Major Export items:
| · special yarns | |||||
| · Coffee, tea mate and spices | |||||
| · Articles of apparel and clothing accessories
Major Import items:
|
The following figures show the balance of trade of Nepal with Ukraine of the past few years:
| Year | Export | Import | Balance |
| 2015 | 41503 | 31543754 | -31502251 |
| 2016 | 100203 | 52064769 | -51964566 |
| 2017 | 77883 | 60720386 | -60642503 |
| 2018 | 178022 | 68813591 | -68635569 |
| 2019 | 82337 | 39354227 | -39271890 |
(Source: TEPC, Amount in US $)
Investment till July 2020 from the beginning is as follows:
| No. of projects | Total project cost | Total fixed cost | Total working capital | Total amount of foreign investment | No. of Employment |
| 13 | 251.4 | 219.14 | 32.27 | 162.7 | 377 |
(Amount in NRs million)
Tourism
Although the number of tourists visiting Nepal is minimal, there is a possibility of increasing the current number of visitors through promotional activities. There are some Nepalis working and living in Ukraine contributing to the promotion of people to people contacts.