ISLAMABAD - The UK government is committed to increasing the trade and business relations with Pakistan through cross-sectoral business partnership.

UK Prime Minister's Trade Envoy to Pakistan Rehman Chishti MP said during his meeting with Federal Minister Privatization Daniyal Aziz here in Islamabad.

Daniyal welcomed UK's interest for investment in Pakistan and appreciated the long-standing bilateral relations between both countries.

He also appreciated the British companies doing business in Pakistan. The minster apprised the delegation of Pakistan's privatisation programme and welcomed UK investment in the companies listed for early privatisation.

The minister said that Pakistan is considered an investor-friendly country and is poised for large economic growth due to its geographical position

He asked UK investors to explore opportunities in transport, manufacturing, energy, financial institutions and infrastructure and participate in the open and transparent privatization.

He especially highlighted two public entities, Pakistan International Airlines (PIA) and Pakistan Steel Mills (PSM) as the two biggest entities in need of revival for profit-making.

Chishti said Pakistan is a top priority for UK and that UK has always supported Pakistan's entry into the GSP+ and will continue to extending its support for development and trade.

Chishti reaffirmed his commitment to identify possible UK investors for Pakistan.  Minister Aziz concluded the meeting by highlighting the strong commitment of Pakistan's leadership to move forward with the privatization programme. "Pakistan is open for business", said the minister.

Chishti was accompanied by senior business representatives including Elin Burns, British Deputy High Commissioner, Ali Aziz Senior Manager (Mott McDonalds), Mark Gill Project Principal (Mott McDonald), Farmida Bi - Partner (Norton Rose Fulbright), Stephen Hart - Senior Executive Officer (Jardine Lloyd Thompson), Michael Dryer - Investment Director Infrastructure (Commonwealth Development Corporation PLC), Saadul Islam - Investment Manager, Infrastructure (CDC PLC) and Matt Lister - Deputy Director Trade, British High Commission.