Initiate of British Business Centre aids to increase trade

KARACHI: Minister for Commerce, Khurrum Dastgir Khan here at the British Deputy High Commission on Thursday evening said that the launch of the first British Business Centre in Karachi heralds a brighter, more peaceful and prosperous Pakistan.

He was performing the opening of this Centre which will work with the UK Trade and Investment to help British and Pakistani companies develop and build business links and opportunities to help increase trade between the two countries.

In his address on the occasion, the Minister said that this centre was a commitment at the highest level between Pakistan and UK’s leadership to form an ever closer bond between our two countries.

He said that at the beginning of 2016, despite our challenges that still remain, Pakistan is a much more peaceful country than it was even a year or two years ago. He also declared that the economy of Pakistan has stabilized and this stability has now being recognized internationally provides very firm foundation on which to begin to grow.

The Minister was optimistic that this business centre would also contribute towards more investment and growth in the country’s economy.He also pointed out that the government led by Prime Minister, Muhammad Nawaz Sharif in the last two and a half years, has put in place arrangements, projects which will help the country soon overcome energy shortages.

Khurram Dastgir said that we foresee and forecast that two binding constraints on Pakistan’s economic growth- extremism and terrorism as well as energy shortages will be broken away to allow the country to begin growing again and become prosperous.

He also pointed out that Pakistan is becoming reconnected to the world and that this business centre is a manifestation of such a re-connection. As the part of the re-connection, he also mentioned the China-Pakistan Economic Corridor (CPEC).

Pakistan, the minister added, is making a direct outreach to its neighbours particularly to Afghanistan, Iran and Central Asia. He said that this re-connectivity between Pakistan and the world, which is now improving, would also be a driver of our growth in the years ahead.Khurram Dastgir said that Pakistan seems to be on course to have in 2018 its second constitutional and peaceful transfer of power.

These, he added, should give us hope and confidence regarding the opportunities for growth and prosperity as well as peace.

He said that he was delighted that the people and government of UK are our partners and companions in the road to prosperity and peace as democratically elected Pakistan strides confidently into the future.

The British Deputy High Commissioner in Karachi, John A Tucknott, said on the occasion that UK and Pakistan already enjoy a strong relationship.

He said that the British Business Centre will help deepen that relationship in the key area of prosperity. Its goal is to contribute to an increase in bilateral trade and investment in line with the commitments given by Prime Ministers David Cameron and Muhammad Nawaz Sharif when they met in London in April 2014.APP

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