It was learnt that Britain is keen on achieving a target of bilateral trade worth 3 billion pounds with Pakistan by 2015.The British Deputy High Commissioner, on a visit to Karachi Chamber of Commerce and Industry (KCCI) said that bilateral trade between UK and Pakistan needs to grow by 33 percent every year.The Commissioner John Anthony Tucknott said that many British companies wanted to do business in Pakistan. He indicated infrastructure, energy, mining and security sectors as key areas for undertaking joint ventures.
He said that the British government, UK Trade and Investment (UKTI) and other partners are working together to support new business start ups and growth in Pakistan.The KCCI appreciated the British government’s initiatives and also lauded Prime Minister Nawaz Sharif for making efforts to engage the British government in trade and investment. Pakistan’s economy needs to flourish and the many British Pakistanis, who have ties to this country, can help in this regard by investing in Pakistan. With the facilitation currently being provided to foreign investors and businesses, it is hoped that good results will come about and the economic growth that is necessary for Pakistan’s progress will be achieved.
AMJAD KHAN,
May 25.