Post-Brexit era to open new trade vistas between Pakistan, UK

Businessmen bet on strengthening economic ties between Pakistan, United Kingdom

KARACHI:

The Pakistan-UK Business Council has expressed hope that post-Brexit era will open new opportunities of trade and investment between the two countries and will further deepen bilateral economic cooperation.

During the second meeting of the Pakistan-UK Business Council of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Council Chairman Sheikh Muhammad Tariq discussed the economic outcome for the UK, which had been badly hit by the coronavirus pandemic.

He said the UK was one of the important trading partners of Pakistan, which played a pivotal role in socio-economic development of the South Asian nation.

Tariq stressed that Pakistan had been blessed with all kinds of resources including natural, economic and human, which needed to be utilised in a manner to create wealth and employment in the country.

“Trade between Pakistan and the UK will prove to be beneficial and strengthen bilateral ties between the two sides,” he added. Speaking on the occasion, FPCCI Vice President Sheikh Sultan Rehman shed light on the significance of bilateral trade between the two countries.

He said Pakistan and the UK enjoyed friendly and cordial relationship as the UK was an important and old trading partner of Pakistan. “Relations between the two countries need to be strengthened further by tapping new areas of investment,” he emphasised.

Rehman stressed that the FPCCI would extend full cooperation and facilitation to remove barriers to bilateral economic and trade relations between the two countries.

Published in The Express Tribune, September 8^th, 2020.

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