News story

UK companies making most of strong ties with Pakistan

FCO Minister Baroness Warsi tells British and Pakistani business leaders that strong ties between the countries are helping trade flourish.

This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

Today Baroness Sayeeda Warsi addressed more than 60 companies gathered in London for the inaugural UK - Pakistan Trade and Investment Conference

Baroness Sayeeda Warsi at the Pakistan Trade and Investment Conference

Today, Foreign Office Minister of State Baroness Warsi addressed more than 60 UK companies from a range of sectors, including retail and financial services, that had gathered in London for the inaugural UK-Pakistan Trade and Investment Conference. The event promoted new opportunities, allowing those attending to share knowledge and make connections with senior business representatives from Pakistan.

Baroness Warsi said:

We simply do not hear enough about the enormous opportunities that Pakistan offers. Pakistan is an investor-friendly and relatively open economy. Over 100 British businesses are already there and more should look at the opportunities. They should think of the Foreign Office and UK Trade and Investment as their support network on the ground through our dedicated trade offices in Karachi, Lahore and Islamabad.

Currently over £2 billion in goods and services is traded between the UK and Pakistan every year. The governments of both countries have committed to increasing this to £2.5billion by 2015, and are on track to meet that commitment.

Further Information

British High Commission in Islamabad website

Read about the UK Pakistan trade and Investment Road map

Published 14 March 2013