Pak­istan is the place to do busi­ness

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THE po­ten­tial for Scot­tish com­pa­nies do­ing busi­ness in Pak­istan was high­lighted at a con­fer­ence in Glas­gow, where del­e­gates were told the coun­try is ripe for de­vel­op­ment by firms in the oil and gas, re­new­able en­ergy and food and drink sec­tors.

The con­fer­ence was told that there was huge po­ten­tial for Scot­tish firms in Pak­istan. Staged by the ex­port body Scot­tish De­vel­op­ment In­ter­na­tional, the con­fer­ence fo­cused on UK Govern­ment tar­gets grow­ing the value of bi­lat­eral trade with Pak­istan by 7% to £2.5 bil­lion by 2015.

Pak­istan’s bur­geon­ing pop­u­la­tion – ex­pected to grow from 190 mil­lion to 250 mil­lion by 2050 – rich nat­u­ral re­sources and strate­gic ge­o­graph­i­cal lo­ca­tion be­tween In­dia and China means the op­por­tu­nity it presents is too big to ig­nore, the con­fer­ence was told.

Del­e­gates were urged to sep­a­rate myth from re­al­ity re­gard­ing se­cu­rity and cor­rup­tion in Pak­istan, and fo­cus on the shared cul­ture be­tween Pak­istan and the UK which gives Scot­tish com­pa­nies an ad­van­tage.

Next to Urdu, English is one of the coun­try’s well-un­der­stood lan­guages and is re­garded as the “lan­guage of busi­ness”, while many of Pak­istan’s pro­fes­sional classes are trained and ed­u­cated in Bri­tain.

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