Bri­tish Busi­ness Cen­tre to her­ald brighter fu­ture

The Pak Banker - - COMPANIES/BOSS -

The launch of the first Bri­tish Busi­ness Cen­tre in Karachi her­alds a brighter, more peace­ful and pros­per­ous Pak­istan.

This was stated by the Min­is­ter for Com­merce, Khur­rum Dast­gir Khan, here at the Bri­tish Deputy High Com­mis­sion. 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.

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