LAHORE – Member British Parliament Lord Nazir Ahmed has said that many sectors of United Kingdom’s economy have vast space for Pakistani businessmen and they can get good share through B2B contacts, modern business techniques and technologies.
Member British Parliament also emphasized the need for collective efforts to increase the existing trade volume between the two countries. He said that Pakistani businessmen should focus on joint ventures with their British counterparts to take full advantage of the expertise of UK.
Indian is utilizing its all energies and propagating against Pakistan to cause huge economic loss but I have raised voice against this conspiracy at all international forums”, Lord Nazir Ahmed added.
LCCI President Malik Tahir Javaid said that Pakistani business community attaches alot of importance to the role played by Lord Nazir ahmed to support the cause of Kashmir in the House of Lords. He said that businessmen truly admire his efforts and stance to raise the voice for Kashmir.
He said that despite the GSP Plus status, Pakistan has not been able to enhance its exports to UK as they are stagnant around U.S$ 1.5 Billion. He said that there is an ample potential of joint ventures between two countries in the areas of auto parts, processed food, pharmaceuticals, leather made-ups, light engineering and surgical instruments.
The LCCI president mentioned that trade diplomacy has a crucial role and for that matter Lahore Chamber keeps organizing international business delegations. He informed Lord Nazir Ahmed that last week, he headed a delegation to Malaysia, Thailand and Indonesia which proved very successful. He said that both countries should not remain limited to strengthening trade ties rather Pakistan and UK should exchange parliamentarian, cultural and students delegations too.
Article first appeared in The News.