Tuesday, June 28, 2011

Media Tribe> News--UK says FPCCI’s dispute resolution initiative to bring in heavy investments



FPCCI's dispute resolution initiative to bring in heavy investments: BHC

UK getting EU trade concessions for Pakistan: British High Commissioner

Pakistan has best business environment in region, UK's SME sector reluctant

Local businessmen aggressive, Pakistan exports increasing, UK's decreasing

"Do More" is not a helpful phrase. We all need to do more: Adam Thomson

 

 

Dated: June 28

 

Islamabad: British High Commissioner to Pakistan Adam Thomson on Tuesday said that his country is trying best to help Pakistan get access to EU market which is a critical issue.

 

We are trying to get EU trade concession of GSP Plus for Pakistan to get more Pakistani products would be introduced in Europe.

 

Talking to a high-profile delegation that included VP Saarc CCI Iftikhar Ali Malik, VP FPCCI Amir Atta Bajwa, Chairman FPCCI, Capital Office, Hameed Akhtar Chadda,

SVC, FPCCI Kanwar Qutbuddin and Chairman Media Malik Sohail, he said that he has been given task to double bilateral trade in four years.  

 

For this we need to thicken political relations, improve people-to-people contacts and invite British businessmen to invest in Pakistan, he said.

 

Adam Thomson said that Pakistan has easiest business environment in region but UK's SME sector is still reluctant to invest here which will be only possible if local business community extend cooperation.

 

The envoy of one of the seven most industrialised countries in the world said that British exporters are not as aggressive as their Pakistani counterparts. This has resulted in increasing share of trade in favour of the Pakistan.

 

He said that he is inviting British investors to explore energy, super markets and other promising sectors.

 

At the occasion, Iftikhar Ali Malik, who is also former president FPCCI, said Pakistan is being deprived of due rights while other countries like Bangladesh are getting concessions.

 

He said that Reconstruction Opportunity Zones is not a viable idea which he has already told US Secretary of State Hillary Clinton in a meeting.

 

Iftikhar Ali Malik said that he has been trying for peace since fifteen years and now want support of diplomatic community. He asked UK to help boost regional trade.

 

Amir Atta Bajwa said that the relations between two governments depend on ties between people of these nations to which the High Commissioner agreed.

 

Hameed Akhtar Chadda raised questions about visa procedure and fees to get convincing answers.

 

To a question posed by Malik Sohail Hussian, the High Commissioner said that Pakistan has suffered more in war on terror than what it get in return. "Do More" is not a helpful phrase; we all [allies in war on terror] need to do more, he said.

 

Lauding an offer by Malik Sohail, Adam Thomson said that dispute resolution initiative by the FPCCI, Pakistan's Apex body of trade and commerce, is to encourage the UK's business community in a great way pushing them to make a beeline to invest in Pakistan.

 

Visibly delighted, he said that he is immediately informing his superiors about the offer by FPCCI. This development will attract investors from all over the world, he added.

 

The High Commissioner also agreed to explore business exchange programmes and assured support in upgrading FPCCI's R&D section in the new building at Islamabad to boost its capacity.

 

Ruling out any mediation between Pakistan and India, he said that there is no better way outside trade to foster relations. However, he added that UK will continue to work for improved ties between two neighbours in the background.

 

Thomson said that Pakistani nation and businessmen are one of the most resilient people on earth who can face anything.

 

Ms. Sharon Mc Donald 2nd Political Secretary of the British High Commission, Jason Mumtaz, Trade and Investment officer, BHC and other diplomats were also present in the meeting.

--

Malik Sohail Hussain

Chairman FPCCI Standing

Committee on Media and PR

Cell 03215155500  and  03335155300

FPCCI +92-51-2251891-3. Fax +92-51-251894

 

 


--
Dear All,
It's a common platform for journalists and all others who are interested in knowing about the issues that are sometimes not reported. This group favours philosophy of progress, reform and the protection of civil liberties. Please share and educate others. The owners and managers of this site do not necessarily agree with any of the information. It is an open forum and anyone that register can post whatever they like. Mails sent by members and non-members are subject to approval. However, we are not responsible in any way for the contents of mails / opinion sent by members. We do not guarantee that the information will be completely accurate. If you find content on this site which you feel is inappropriate or inaccurate, incomplete, or useless you are most welcome to report it or contradict it.
Regards,
Group Manager

0 comments:

Post a Comment

Followers

Archive

 

Media-Tribe. Copyright 2008 All Rights Reserved Revolution Two Church theme by Brian Gardner Converted into Blogger Template by Bloganol dot com