ISLAMABAD: Pakistan is making significant progress in global economic partnerships due to the reform-oriented vision and investor-friendly strategy of Special Investment Facilitation Council (SIFC).
The United Kingdom has re-established its development partnership with Pakistan, announcing new initiatives in investment, trade, education and climate cooperation.
This announcement was made during the visit of UK’s Minister of State for International Development and Africa Baroness Jenny Chapman to Pakistan, marking the first high-level development dialogue between the two countries in eight years.
According to British officials, the new partnership focuses on investment and economic growth rather than traditional aid.
Bilateral trade between Pakistan and the UK has reached a record level of 5.5 billion pounds for the first time.
The number of British companies operating in Pakistan has exceeded 200, providing practical evidence of an improved investment climate and increased business confidence.
