Pakistan High Commissioner in the United Kingdom, Moazzam Ahmad Khan, said that Pakistan would continue to benefit from the UK’s trade preferences scheme at par with the EU GSP Plus facility after the Brexit.
He was delivering a key-note address at a webinar on “Post-Brexit UK’s GSP scheme and potential for Pak-UK trade,” jointly organized by the Pakistan High Commission, Trade Development Authority of Pakistan (TDAP), and Ministry of Commerce, a press release of Pakistan High Commission informed.
Besides officials of the Ministry of Commerce, TDAP, and Chambers of Commerce & Industry, a large number of businessmen from Pakistan and the UK attended the webinar.
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The high commissioner highlighted the significance of the UK market for Pakistan and said that the duty-free access to Pakistan on more than 90 percent of Pakistan’s exports was a good omen for future UK-Pakistan trade and investment relations.
To make effective utilization of the concessions available to Pakistan and increase its market share post Brexit, Moazzam underlined the need for a comprehensive strategy and effective public-private cooperation to leverage this potential.
The high commissioner apprised the participants regarding the efforts undertaken to address regulatory and non-tariff barriers on Pakistan products.
He also shared his outreach plan to create awareness about the trade and investment potential of Pakistan.
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The high commissioner said that it was encouraging to see remarkable growth in Pakistan’s exports to the UK and increased remittances to Pakistan during the current fiscal year.
To sustain the current momentum, he urged the Pakistani businesses to diversify export products, establish long term business contacts with the buyers, develop compliance mechanisms, and acquire certifications.
He said that given the potential of the UK market, products like pharmaceutical, healthcare & PPE, surgical instruments, IT-enabled services, processed food, and agriculture products possess immense potential.
He assured all possible assistance and facilitation from the commission to the Pakistani business community in their marketing efforts.
Earlier, Trade and Investment Counsellor Pakistan High Commission, Shafiq Shahzad, made a comprehensive presentation on the UK’s trade preferential scheme for Pakistan and other developing countries and highlighted the potential for enhanced trade between Pakistan and the UK.
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Kamal Shahryar, Adviser TDAP, spoke about the issues related to compliance with international conventions and rules of origin.
During the event, Ex-Chairman PREGMEA, Ijaz Khokhar, Chairman JumpStart Pakistan, Amjad Pervez, and Secretary-General Pakistan-Britain Business Council, Atta ul Haq, shared their views and gave proposals for the expansion of the UK-Pakistan trade and economic ties in the post Brexit period.
Beta GSP Dena hoga he warna Export Gayi Pani main European Ki