En­dur­ing Friend

Enterprise - - Trade watch -

Dur­ing Prime Min­is­ter Yusuf Raza Gi­lani’s five-day state visit to Bri­tain in May, David Cameron, the Bri­tish Prime Min­is­ter cat­e­gor­i­cally stated that the UK will be an “en­dur­ing friend” to the gov­ern­ment and the peo­ple of Pak­istan and vowed to build a “deeper and stronger re­la­tion­ship”.

Both coun­tries also vowed to strengthen bi­lat­eral trade to £2.5 bil­lion by 2015 as part of a jointly-owned, “Pak­istan-UK Trade and In­vest­ment Roadmap” to ac­tively pur­sue joint ac­tiv­i­ties on trade and in­vest­ment pro­mo­tion.

“Both coun­tries are com­mit­ted to work­ing to­gether as equals to cre­ate con­di­tions for greater pros­per­ity and se­cu­rity in Pak­istan and the UK,” said a joint-state­ment by the prime min­is­ters.

Re­gard­ing democ­racy, the joint-state­ment noted it was an “im­por­tant time for Pak­istan” and the cur­rent gov­ern­ment was the “longest­serv­ing civil­ian gov­ern­ment in the coun­try’s his­tory”.

The roadmap aims at cre­at­ing a UKPak­istan Cham­ber of Com­merce in Pak­istan to com­ple­ment ex­ist­ing trade bod­ies in the UK and to de­velop busi­ness ties with such en­ti­ties.

The UK com­pa­nies have been urged to look at the op­por­tu­ni­ties that Pak­istani mar­kets present and build on the suc­cess of the over 100 UK-based com­pa­nies al­ready en­gaged in busi­ness with Pak­istan.

Prime Min­is­ter Gi­lani pledged the Pak­istan gov­ern­ment’s full sup­port in en­sur­ing an en­abling busi­ness en­vi­ron­ment to at­tract and sus­tain UK trade with, and in­vest­ment in, Pak­istan.

Prime Min­is­ter Yousuf Raza Gi­lani with

Prime Min­is­ter David Cameron.

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