UK Trade Commissioner Meets with Federal Minister for Commerce to Boost Bilateral Trade
ISLAMABAD: UK Trade Commissioner Oliver Christian met with Federal Minister for Commerce Jam Kamal to discuss strategies for enhancing bilateral trade between the UK and Pakistan. The meeting, as reported by the Ministry of Commerce, focused on fostering sectoral collaboration and implementing a business-to-business matchmaking approach to unlock growth opportunities for both countries.
Minister Kamal emphasized Pakistan’s considerable potential in the food sector, particularly through value-added products. He remarked, “Pakistan can significantly boost foreign exchange earnings by focusing on value addition,” highlighting the importance of improving the quality and presentation of food exports.
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Kamal also reaffirmed the government’s commitment to expanding trade under the leadership of Prime Minister Shehbaz Sharif, with an ambitious target to double Pakistan’s exports from $30 billion to $60 billion. He praised the Prime Minister’s dedication to this export growth plan, noting that one of the notable achievements in this regard was the success of the FoodAg Expo held in Karachi. The expo, which attracted over 800 foreign delegates, opened new avenues for business opportunities. “This was the first event of its kind with such a large international presence, offering significant business prospects,” he stated.
The minister highlighted Pakistan’s growing exports across various sectors, including IT, mining, horticulture, and dairy. He mentioned the country’s emerging olive production, stating, “Pakistan is on its way to becoming a significant olive exporter, with extensive cultivation already underway.”
Both officials also stressed the importance of the upcoming UK-Pakistan Trade Dialogue, which aims to serve as a new platform for promoting trade and investment between the two nations.
