Pakistan and UK to Deepen Defence Cooperation
Pakistan and the United Kingdom have reached a consensus to bolster collaboration within the defence sector, reinforcing their joint dedication to strengthening their established bilateral connections.
This development arose during a significant assembly in Rawalpindi between British High Commissioner H.E. Jane Marriott and Federal Minister for Defence Production Muhammad Raza Hayat Harraj, as stated in an official release.
During the meeting, the federal minister emphasized Pakistan’s view of the United Kingdom as a close ally and a reliable collaborator in development projects.
“He highlighted that consistent engagement has proven valuable for aligning strategies on various bilateral, regional, and global matters. Both parties have agreed to amplify cooperation across all domains, including defence,” the statement noted.
The British High Commissioner also voiced her dedication to fortifying the relationship between the UK and Pakistan and collaborating on mutual goals, encompassing bilateral trade and defence manufacturing.
In parallel, Harraj conveyed his optimism that the bilateral relations between Pakistan and the UK would proceed to advance, grounded in shared interests.
Last month, ministers from both the UK and Pakistan unveiled fresh initiatives aimed at boosting commerce between the two nations, subsequent to the initiation of the UK-Pakistan Trade Dialogue.
The ministers declared the establishment of a novel UK-Pakistan Business Advisory Council, uniting prominent business figures and government officials to encourage significant trade and investment activities.
The council is set to deliver strategic counsel on policy changes, present a secure platform for discussions, and facilitate commercial prospects by tackling challenges related to market access and disseminating optimal strategies.
The UK has also committed up to £200,000 to underpin Pakistan’s ambitions to draw investment from the UK. These funds will facilitate technical support for investor outreach and foster connections between Pakistani investors and potential opportunities based in the UK.
The current valuation of bilateral trade stands at £4.7 billion.
Comments (0)
No comments yet. Be the first to comment!
Leave a Comment