The UK Trade Envoy to Pakistan, MP, has begun a 3-day visit
to Karachi and Islamabad to encourage investment and long-term
economic co-operation.
The visit follows the UK's launch of its Growth Mission and
Modern Industrial Strategy. Invest 2035 sets out a ten-year plan
to provide certainty and stability for businesses in high growth
sectors such as clean energy, digital technologies, life sciences
and advanced manufacturing.
Over 200 British companies are operating in Pakistan, with the
top five contributing around one percent of Pakistan's GDP. The
UK is Pakistan's largest European trading partner and top source
of foreign direct investment.
MP, UK Trade Envoy to
Pakistan, said:
“The UK and Pakistan already enjoy deep commercial ties, but
there is much more we can achieve together. It is a place close
to my heart, and I have seen over many years the enormous
potential to help both our countries prosper. During my visit, I
look forward to supporting efforts that unlock new opportunities
and drive growth.”
Mr Yasin will meet senior government stakeholders including Jawad
Paul, Secretary for Commerce, and Minister Chaudhry Salik
Hussain, Federal Minister for Overseas Pakistanis. He will also
meet business leaders to strengthen trade and encourage
investment.
Mr Yasin's visit will help pave the way for the UK-Pakistan Trade
Dialogue, due to launch later this year. The Dialogue will offer
a platform to grow exports, increase investment flows, address
business environment concerns and identify opportunities for
greater market access.
