ANL 34.80 Increased By ▲ 0.80 (2.35%)
ASC 14.45 Decreased By ▼ -0.45 (-3.02%)
ASL 23.30 Decreased By ▼ -1.80 (-7.17%)
AVN 90.10 Decreased By ▼ -2.10 (-2.28%)
BOP 8.98 Decreased By ▼ -0.16 (-1.75%)
BYCO 9.45 Decreased By ▼ -0.40 (-4.06%)
DGKC 127.15 Decreased By ▼ -7.55 (-5.61%)
EPCL 47.30 Decreased By ▼ -3.32 (-6.56%)
FCCL 23.89 Decreased By ▼ -0.74 (-3%)
FFBL 25.09 Decreased By ▼ -0.77 (-2.98%)
FFL 14.80 Decreased By ▼ -0.69 (-4.45%)
HASCOL 10.39 Decreased By ▼ -0.17 (-1.61%)
HUBC 83.80 Decreased By ▼ -2.53 (-2.93%)
HUMNL 6.65 Decreased By ▼ -0.37 (-5.27%)
JSCL 25.15 Decreased By ▼ -0.50 (-1.95%)
KAPCO 40.26 Decreased By ▼ -1.29 (-3.1%)
KEL 3.93 Decreased By ▼ -0.09 (-2.24%)
LOTCHEM 14.10 Decreased By ▼ -0.35 (-2.42%)
MLCF 44.00 Decreased By ▼ -2.42 (-5.21%)
PAEL 34.90 Decreased By ▼ -2.35 (-6.31%)
PIBTL 11.25 Decreased By ▼ -0.45 (-3.85%)
POWER 9.78 Decreased By ▼ -0.47 (-4.59%)
PPL 90.00 Decreased By ▼ -0.90 (-0.99%)
PRL 25.72 Decreased By ▼ -1.14 (-4.24%)
PTC 8.60 Decreased By ▼ -0.11 (-1.26%)
SILK 1.29 Decreased By ▼ -0.06 (-4.44%)
SNGP 39.87 Decreased By ▼ -2.84 (-6.65%)
TRG 143.00 Decreased By ▼ -3.10 (-2.12%)
UNITY 30.73 Increased By ▲ 0.53 (1.75%)
WTL 1.37 Decreased By ▼ -0.04 (-2.84%)
BR100 4,836 Decreased By ▼ -128.86 (-2.6%)
BR30 24,973 Decreased By ▼ -780.65 (-3.03%)
KSE100 45,051 Decreased By ▼ -786.3 (-1.72%)
KSE30 18,871 Decreased By ▼ -303.1 (-1.58%)
Pakistan

On back of improved security situation, UK aims to double its trade with Pakistan

Turner plans to double the size of the British High Commission trade team and further support economic development
07 Mar 2020
  • Turner plans to double the size of the British High Commission trade team and further support economic development and technical expertise in Pakistan.
  • Bilateral trade between the UK and Pakistan currently stands at £3.3bn in total.

British High Commissioner Dr. Christian Turner on Saturday said that he aims to double trade between Pakistan and the United Kingdom (UK) on the back of improved security situations in Pakistan.

Turner, speaking at a business event in Manchester, called on business leaders to build on their deep UK-Pakistan ties and the changing perceptions of Pakistan.

“I want the business community to be part of unleashing the full, enormous potential of the UK-Pakistan relationship; my ambition is to double the trade between our two countries,” said Turner, in a statement from the British High Commission Islamabad.

“The community ties in the northwest of England exemplify our unique partnership and we want to challenge perceptions of Pakistan - it’s a country modernising fast and changing for the better,” he added.

Turner also highlighted a number of UK government policies intended to stimulate trade with Pakistan including, increasing the credit limit for Pakistan to £1 billion by UKEF and doubling investment to $500m over the next 18-24 months, in the clean energy sector.

The British High Commissioner also planned to double the size of the British High Commission trade team and further support economic development and technical expertise in Pakistan.

Bilateral trade between the UK and Pakistan currently stands at £3.3bn in total. The security situation in Pakistan has improved considerably after security incidents dropped by 80% since 2014, the improvement was evident after the UK changed its travel advice for Pakistan in January.