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Annual Report

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Pakistanis in Britain are playing an<br />

important role in development<br />

British Deputy High Commissioner H.E. Elin Burns<br />

LCCI President Malik Tahir Javaid, Vice President Zeshan Khalil and LCCI Former President Sohail Lashari in<br />

a meeting with British Deputy High Commissioner H.E. Elin Burns at LCCI.<br />

British Deputy High Commissioner Elin Burns has<br />

discussed the matters relating to mutual trade and economic<br />

ties at LCCI and called for efforts to increase two-way trade<br />

volume.<br />

The meeting, which continued well over two hours, was<br />

also attended by the LCCI Vice President Zeshan Khalil,<br />

Sohail Lashari, Main Nauman Kabir, Tehmina Chaudhry,<br />

Naeem Hanif, Shahid Nazir, Awais Saeed Piracha, Khamis<br />

Butt, AliHussam Asghar, Dr. Shahid Raza, Muhammad<br />

Chaudhry, Moazzam Rasheed, Zafar Iqbal and Nabila<br />

Intesar.<br />

British Deputy High Commissioner said Pakistanis in<br />

Britain are playing an important role in development of the<br />

country. She said British investors are reviewing<br />

investment opportunities available in various sectors to<br />

take further steps in this regard. She also called strong B2B<br />

contacts between the two countries.<br />

The LCCI President Malik Tahir Javed said that UK has<br />

always been a major trading partner of Pakistan. UK comes<br />

at 1st place among the top export markets in the Europe for<br />

Pakistan. Regarding major importing countries to Pakistan<br />

from EU, UK takes the 2nd position. He said that Pakistan<br />

has been enjoying favourable balance of trade with UK and<br />

our exports to UK are almost two and half times greater than<br />

the total imports made from UK.<br />

Malik Tahir Javed said that Although, there was an upward<br />

trend seen in imports from UK to Pakistan but our exports<br />

slipped a little in 2016. These deviations kept the bilateral<br />

trade stagnant at dollar 2.18 billion during the last two<br />

years. He said that these trade figures are sufficient to feel<br />

complacent but there is a great potential to increase two<br />

way trade to dollar 3 to 4 billion. You will agree with me that<br />

we have to create joint activities like roadshows,<br />

exhibitions, exchange of trade delegations. We are ready to<br />

respond positively to any initiative taken in this connection.<br />

He said that the Lahore Chamber is known as the premier<br />

and oldest business support organization of the country. We<br />

always try to use our influence for the betterment of<br />

economy. I am glad to mention that we remain actively<br />

engaged with different federal and provincial departments.<br />

Similarly, LCCI maintains excellent working relations with<br />

international organization especially with the diplomatic<br />

community.<br />

“UK must come at the forefront of bringing maximum<br />

investment in Pakistan. You are quite aware of the issues<br />

and challenges, which are as much of concern to us as they<br />

are to you and the world community, the LCCI President<br />

concluded.<br />

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