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UK based Diaspora wants to promote economic activity with Pakistan October 07, 2013
Meeting at ICCI
 
UK entrepreneurs of Pakistani origin have shown keen interest in joint collaboration with Pakistan, especially in alternate energy sector along with technology transfer. We consider Pakistan a potential country for investment in alternate energy, pharmaceutical, textile and other sectors and can help the two countries to improve bilateral trade through private sectors participation. This was observed by Mr. Razi Khan, President, UK Pakistan Chamber of Commerce & Industry during his visit to Islamabad Chamber of Commerce & Industry. 
 
While welcoming the delegation, Shaban Khalid, President, Islamabad Chamber of Commerce & Industry said relations with the United Kingdom is a cornerstone of Pakistan’s foreign and trade policy, especially considering there is a large Pakistani origin community in all spheres of life in the UK, including some very successful and prominent personalities. However, there is a need to take concrete steps to enhance diversified partnerships between the two countries. 
 
He said Pakistan’s economy offers immense potential for investment in different sectors. He stressed that Pakistani origin UK entrepreneurs should make investments in Pakistan, which would encourage other foreign investors to explore Pakistan for more investment. UK entrepreneurs working in Pakistan should also further increase their operations by expanding existing projects and exploring new avenues for investment as they have good opportunities to initiate joint ventures with Pakistani counterparts.
 
He stressed that one of the problems being faced by the Pakistani business community is the image of Pakistan, and the Diaspora could play an active role in promoting the true and soft image of Pakistan versus what is being projected in the media. He encouraged the delegates to share their experiences with their peers and help change misperceptions about Pakistan while returning to UK.  
 
He said UKPCCI should make further efforts to promote networking between the businessmen of two countries so that Pakistan and UK could enhance the existing bilateral trade volume to £3 billion by 2015.
 
Mr. Razi Khan who was heading the delegation stressed that new areas of cooperation between the two countries should be explored. The delegation represented energy, pharmaceutical, real estate, beauty salon & spa, textile, solicitors, health and education sectors. 
 
He said UK wants long-term productive partnership with Pakistan and UKPCCI may facilitate ICCI to arrange roadshows in four major cities of United Kingdom along with organizing seminars and exhibitions. We can also contribute in enhancing image of Pakistan by showcasing Pakistan’s success stories in UK.
 
Mr. Razi Khan said education is another potential area for improving collaboration between the two countries. UKPCCI can assist in arranging teachers training at primary school level as well as in vocational training, particularly in the field of nursing. However, he showed some reservations about discriminatory approach in Pakistan for dual nationality holders as it was not sending a good message to the dual nationals.
 
Mr. Shaban Khalid also briefed the delegation about ICCI’s entrepreneurship development activities and the importance of youth in developing a better economic eco system. He said that the ICCI & UKPCCI should develop strong liaison to facilitate promotion of private sectors connectivity and improve bilateral trade between Pakistan and United Kingdom. 

 
 
 
 
   
 
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