UK-Pakistan Council for enhancing trade

Vast scope of foreign investment exists in Pakistan, says official

APP May 03, 2022
SEVERE BLOW: Munir cautioned that massive hike in policy rate would hit all sectors of the economy and spark downfall of trade. PHOTO: FILE


The UK-Pakistan Business Council has stressed the need for further enhancing bilateral trade coupled with uninterrupted flow of foreign investment for mutual benefit of the two countries.

Pakistan and the UK enjoyed excellent economic and multi-dimensional relationship, which would be further cemented in the coming days, said UK-Pakistan Business Council Chairman Mian Kashif Ashfaq.

Talking to a delegation led by Pakistan-British Friendship Council North President Muhammad Arbab Khan on Monday, he said that “Pakistan has long-standing historic ties with the United Kingdom, which needs to be further strengthened”.

Highlighting the broad economic agenda, he said that economic and fiscal stability leading to economic recovery and growth was among the priorities of the government.

“Government is creating a business-friendly environment to attract foreign investment in different sectors of mutual interest,” he added. “Vast scope of foreign investment exists in Pakistan with attractive packages of incentives,” said Ashfaq.

He stressed the need for result-oriented joint meetings with UK-Pakistan investors.

He urged Pakistan’s exporters to penetrate the hidden markets of the UK and establish close liaison with British entrepreneurs.

“UPBC will facilitate all visiting delegations of the UK for exploring investment avenues,” he added.

He hoped that the UK delegation leader, Muhammad Arbab Khan, would work with his dedicated team and bring more investment to Pakistan besides helping in boosting Pakistan’s exports to the UK.

Khan invited the UK-Pakistan Business Council chairman to visit the UK and proposed to arrange one-on-one meeting with UK investors.

Published in The Express Tribune, May 3rd, 2022.

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