LAHORE: The Lahore Chamber of Commerce and Business (LCCI) and British Enterprise Centre on Monday signed a memorandum of understanding (MoU) aimed toward enlargement of commerce and financial ties.
LCCI Senior Vice President Almas Hyder and Chief Government Officer BBC Malahat Awan signed the MoU on behalf of their respective organisations.
LCCI Vice President Nasir Saeed, British Excessive Commissioner Thomas Drew, Professionalvincial Finance Minister Ayesha Ghaus Pasha and Head of Division for Worldwide Development Ben French spoke on the event.
The MoU goals to encourage, promote and facilitate an efficient cooperation within the areas of commerce, funding, know-how and associated financial and industrial activities by establishing effective communication between member corporations of the 2 organisations with specific reference to the personal sector.
Ms Awan stated BBC would give Pakistani and British corporations an economical and in-nation bodily resupply to facilitate fast entry to info and experience needed to realize enterprise success.
The British excessive commissioner stated companies in Britain and Pakistan ought to be working collectively and thriving. He added the BBC might assist facilitate opening up alternatives to a wider enterprise viewers within the UK.
The provincial finance minister welcomed the MoU and stated facilitation to the businessmen would definitely give extra power to commerce ties between the 2 nations.
LCCI senior vice chairman stated constructive tendencies triggered bilateral commerce between Pakistan and Britain to extend from $1.ninety eight billion to $2.26bn.
He stated Pakistan at current was dealing with a lot of challenges in attracting new overseas funding. He urged UK based mostly buyers to Pakistan for investments.
Revealed in Daybreak, April twenty sixth, 2016
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