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Pakistani envoy, British minister discuss post Brexit bilateral trade ties

byCT Report
30/03/2017
in Business
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ISLAMABAD: Pakistan High Commissioner to UK, Syed Ibne Abbas met British Minister of State for International Trade, Greg Hands at the House of Commons in London on Wednesday.

The meeting focused on up-scaling the post Brexit commercial relations between the two countries, a message received here from London Thursday said.  The upcoming Pakistan visit of Greg Hands, during which dialogue on Pakistan-UK future trading relationship would be initiated, was discussed in detail.

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During the meeting, ‘Business Roundtable on UK Business Participation in CPEC’ being organized by Department of International Trade (DIT), on April 4, was also brainstormed.

It was agreed to maintain the momentum for enhanced commercial relations between the two countries, including working towards meeting the target of œ4 billion as agreed during the latest review of Enhanced Strategic Dialogues (ESD) between the two countries.

The high commissioner updated the minister on the proposed investment conference which the High Commission had planned to hold this September in collaboration with the office of lord mayor of London at the Mansion House.  The British minister assured the high commissioner of DIT support for this initiative.

The UK is the third largest destination of Pakistan’s export products. During last year Pakistan’s exports to the British market witnessed a healthy growth of 8%.  Continuity of strong bilateral commercial relations in post Brexit period is the top priority of both the governments.

 

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