UK desires to become a key partner in CPEC

The Department of International Trade at Foreign & Commonwealth Office (FCO) organized a business roundtable on ‘UK`s participation in the China-Pakistan Economic Corridor (CPEC)` in London on Wednesday.

The attendees included Rt Hon Greg Hands Minister of State for International Trade, H.E. Syed Ibne Abbas, Pakistan High Commissioner to the UK, H.E. Thomas Drew, British High Commissioner to Pakistan, H.E. Liu Xiaoming, Chinese Ambassador to UK, in addition to other senior officials of the 3 countries.

Experts from City UK, RUSI and the China Britain Business Council also took part in the meeting. Businesses such as HSBC, Deloitte and Standard Chartered also discussed how they as well as other British firms could support the mega CPEC projects.

All the representatives expressed their resolve to work in harmony to implement the CPEC project successfully so that it can be beneficial for all the partners.

The UK has expressed its wish to become a key partner in CPEC. In this regard,  British Minister of State for International Trade intends to visit Pakistan soon in order to explore business opportunities and initiate trade dialogue.

“Britain is a country of global influence and can be an important partner for China and Pakistan in the delivery of the China-Pakistan Economic Corridor, which has the potential to build closer links between our countries.  We have a clear ambition to increase trade with both China and Pakistan and UK businesses are well placed to capitalise on the new opportunities in the region.” (International Trade Minister Greg Hands)