A reasonably big market is ready to welcome new products from United Kingdom

Over the years, British exports to Pakistan has increased to a level that has managed to get attention. Present scenarios has made it more important as the country is going to play a role of junction for a number of countries of the region and thus has potential to become hub of international trade in coming years. Not only United Kingdom but many other big players of trade showing their interest to be part of the development taking place in the region.

More trade between the two countries would engage the companies related to cargo business and that may result in lowering tariff rates and simplified procedure of bilateral exchange of goods for money. UK has been carrying a wholesome approach towards cargo to Pakistan and helping to build infrastructure, educating the people and to take steps for increasing foreign direct investment in a number of sectors. Intimacy of high level among people is proving an asset to promote business relations and introduce different sorts of products.

More international companies are investing in the country

Conducive business opportunities for foreign investors have been rated as the best in the continent and it would certainly help the country to attract more firms to take advantage of these benefits. The best thing is hundred percent remittances of investment and profit in many sectors. The investors get a guarantee to take back its money without any restriction.

Another big factor is success of other foreign companies in the country as they have been making huge profits every year. Situation at present is encouraging for people around the globe to start their venture in a rapidly growing market. To enhance trade cooperation between the two nations some international organizations have been doing funding as well so improvement is inevitable.

Industrial growth leads to increase in import of heavy machinery

Specialized industrial machinery is one of the major exports of cargo from UK to Pakistan. With favorable industrial policy, there is strong possibility of increase of this sector import in the country from the same source due to high grade of reliability and level of trust.

Other major portion is comprised of power generation equipment and the ever increasing demand of electricity is behind this export from UK. There are many other areas including services that would heartily welcome foreign products and experienced manufacturers.

Assistance from numerous bodies to enhance cooperation

There are different bodies that continuously working out possibilities to further strengthen relations of business community. The individuals and companies already doing bilateral trade have been facilitated by these bodies so that they spread their activity to more cities thus volume of trade also enhances.

At present the total value of this trade is round about one billion sterling pounds that is quite below to true potential. At present, Britain is of the top few investors in Pakistan and over one hundred different UK based firms are doing their commercial activities. Consumer goods is major area for these companies and power production is also very important due to shortage of electricity.