KARACHI: Pak-UK Business Council of FPCCI organized a webinar (which is the first collaborative event of its kind) with Greater Manchester Chambers of Commerce (GMCC) to provide information on business and investment opportunities in Pakistan — as well as how to connect with partners and potential customers.
The webinar focused on diversification of exports between the two countries to further enhance and strengthen economic ties.
Following the signing of a Trade and Cooperation Agreement between FPCCI and GMCC, Pak-UK Business Council invited companies in Greater Manchester and beyond to explore Trade and Investment Opportunities in a vibrant and high-growth potential country: Pakistan.
The event started with a welcome note by Susana Cordoba – Head of International Trade at GMCC, who welcomed the audience and highlighted the coming together of both sides to explore business opportunities of mutual interest. She also provided an overview of current trade between the UK, the North West, and Greater Manchester with Pakistan.
Andy Burnham, the newly-elected mayor of Manchester, congratulated both sides through a pre-recorded message and highlighted strong base of Pakistani Diaspora in the region. Arshad Dadabhoy – International Trade Adviser, Department of International Trade, North West England shared his perspective of supporting export growth for British businesses operating in the region.
Addressing the participants, Secretary BOI Fareena Mazhar shared that UK is the second largest investor in Pakistan with a net FDI of $1,117.3m in FY 2020 and a number of British companies with substantial investments are successfully operating in the country.
Nonetheless, the trade and investment portfolio should be increased through active interaction between the business communities of two countries.
Secretary BOI highlighted that a repository of over 130 projects worth USD 60 billion are available for investors on the newly launched interactive website of…