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ISLAMABAD: The High Commissioner of Britain Adam Thomsan
said on Friday that many UK companies were taking keen interest
to learn more about the dynamics of Pakistani market so that
they could explore the possibilities of investment here.
Talking to a business delegation of Islamabad Chamber of Commerce
and Industry (ICCI), he said that over 100 UK companies are
doing business in Pakistan and performing well.
The delegation which was led by its president Zahid Maqbool
called on High Commissioner of Britain in his office and apprised
him of the business opportunities existing in Pakistan for
UK companies.
He assured that British High Commission will take measures
to provide fast track business visas to Pakistani entrepreneurs
so that they could play more effective role in enhancing bilateral
trade and economic relations between the two countries.
Adam Thomsan said that that he will do all what he can to
improve the perception of Pakistan in UK.
He also highlighted the many opportunities that exist in Pakistan
so that British companies could feel encouraged to avail themselves
of those opportunities.
Trusted Partner agreement, which was signed between the British
High Commission and ICCI couple of years ago, will be re-
activated to promote business linkages between top business
companies of the two countries.
When ICCI President thanked UK for being the 2nd largest trading
partner of Pakistan, Adam Thomsan said we would like to be
the number one.
Speaking on the occasion, Zahid Maqbool, president ICCI informed
the High Commissioner of the snags in the visa processing
system.
He said that it was creating difficulties for the Pakistani
businessmen and students aspiring to visit to the United Kingdom.
He asked him to play his role in streamlining these matters.
He said business regulations have been overhauled in Pakistan
to make them very liberal and there are strong opportunities
for UK companies do business in different sectors of Pakistan's
economy including agriculture, health, pharmaceuticals, financial
services, oil and gas, telecommunications, power, manufacturing,
education & training and marine.
He said Pakistan's economy is now recovering fast while Pakistan
military has eliminated about 85 percent terrorists.
He said presence of over 100 UK companies is a proof that
Pakistan is an attractive market for foreign investors.
ICCI head also invited the British High Commissioner to visit
ICCI and share his views with businessmen for exploring more
areas of common interest. The invitation was accepted by the
High Commissioner.--APP
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