British businesses asked to pour investment

Acting Senate Chairman Syedaal Khan on Thursday invited British businesses to explore investment opportunities in Pakistan, which offered a favourable environment to foreign investors.

During a meeting with the UK deputy speaker, who led a delegation, at the Parliament House, he urged British traders and companies to pour investment into Pakistan's energy, technology and industrial sectors for enhancing economic cooperation between the two nations.

The delegation comprised the political adviser to the British high commissioner and officials from the House of Commons. Syedaal Khan underscored the importance of strengthening parliamentary relations between Pakistan and the UK. Both sides discussed democratic values and various aspects of bilateral relations. He reiterated Pakistan's commitment to fostering ties with the UK through parliamentary diplomacy.

Addressing the issue of Palestine, the acting Senate chairman stressed that protecting the fundamental rights of the Palestinian people "is a collective responsibility of the global community."

He urged the UK government to play an active role in ending human rights violations in Palestine and take concrete steps to ensure lasting peace in the Middle East. He also called for intensified diplomatic efforts for a just resolution to the conflict.

Highlighting Pakistan's economic potential, Syedaal Khan spoke about the abundant natural resources in Balochistan, Khyber-Pakhtunkhwa and the strategic importance of Gwadar Port. He stated that the effective utilisation of those resources could significantly strengthen the national economy. He informed the UK delegation about the Gwadar Port's role as a trade hub that was offering vast opportunities to international investors.

Both sides agreed on the need to expand trade and economic ties through enhanced parliamentary cooperation.