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Economy

British High Commissioner optimist to increase Pak-UK trade volume to £3bn

September 18, 2020

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British HC suggested that Pakistan has significant room to invest in the fields of healthcare, education and technology

Christian Turner, British High Commissioner to Pakistan has said the United Kingdom (UK) has intend to increase its Commercial trade volumes with Pakistan and it is expected that it will exceed £3 billion in near future.

The High Commissioner was giving an interview to a private TV Channel. He said that He said that he has toured many areas of Pakistan and found them to be spectacular. He believes that Pakistan has “huge potential for the tourism industry”.

Honorable High Commissioner was particularly influenced by Pakistan’s efforts to contain COVID19 pandemic. He said that the world needs to learn from Pakistan in fighting COVID19. He believes that the formation of the National Command and Operation Centre (NCOC) was an important step.

UK is an important Trade partner of Pakistan. Both sides are working o enhance the trade ties and strengthen the commercial ties. Recently UK’s UK Export Finance (UKEF), a credit financing agency, has increased its financing limit to £1.5 billion for UK businesses looking to export to and invest in Pakistan.