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UK deputy high commissioner visits industrial cities of Pakistan

United Kingdom intending to develop bilateral trade between both the countries, says Mike Nithavrianakis

09:49 PM | 20 Feb, 2020
UK deputy high commissioner visits industrial cities of Pakistan
UK deputy high commissioner visits industrial cities of Pakistan
UK deputy high commissioner visits industrial cities of Pakistan
UK deputy high commissioner visits industrial cities of Pakistan
UK deputy high commissioner visits industrial cities of Pakistan
UK deputy high commissioner visits industrial cities of Pakistan

LAHORE - British Deputy High Commissioner in Karachi Mike Nithavrianakis on Thursday concluded a three day visit to Pakistan's industrial cities of Sialkot, Lahore and Faisalabad to help strengthen bilateral trade between UK and Pakistan

During his visit, the British envoy held series of meetings with prominent businessmen and visited industrial units to discuss potential trade opportunities for mutual benefit, and to better understand the current business climate.

He said total trade volume between the two countries was around 3.2 billion Pounds in 2018.

In Sialkot, he met Nadeem Anwer Qureshi, Chairman for Sialkot International Airport Limited (SIAL), and Muhammad Ashraf Malik, President Sialkot Chamber of Commerce along with other prominent businessmen.

On this occasion, Sialkot exporters hailed the UK support to Pakistan in terms of giving awareness to the world that Pakistan was now a safe country through several measures including the softening of travel advisory for Pakistan and resumption of British Airways operations in Pakistan.

Sialkot exporters said the UK was Pakistan’s third largest export destination; and also, the third-highest source of Foreign Direct Investment in Pakistan. 

In Lahore, he met Additional Inspector General, Ali Aamir Malik, Managing Director, Punjab Safe Cities Authority and Lieutenant General Muzammil Hussain (r) Chairman WAPDA. The British Deputy High Commissioner also visited the Walled City of Lahore and appreciated the city’s old architecture.

In Faisalabad, Mike met with Rana Mohammad Sikander Azam and other members of Faisalabad Chamber of Commerce and Industry. He also visited the Pakistan Aluminium Beverage Cans Ltd, a UK-Pakistan Joint Venture in Pakistan's largest industrial estate.     

He said: “These vibrant industrial cities form the backbone of Pakistan's exports, earning vital foreign exchange, generating employment and enhancing competitiveness.  I have been impressed by the cities' business leaders and their commitment to boosting Pakistan’s economic and trade links with the world.

“The products and services – as diverse as footballs, medical devices, musical instruments and textiles - manufactured by people here are famous around the world. Now is the time for the private sector to be encouraged and supported at every level to promote bilateral trade between the UK and Pakistan and develop long-term, sustainable business relations”.

The author is working as Editor Digital Media for Daily Pakistan and can be reached @ItsSarfrazAli.

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PKR rate against US Dollar, Euro, Pound, Riyal - Check 16 April forex rates

Pakistani currency gains momentum against all currencies on April 16, 2024 Tuesday. US dollar was being quoted at 277.9 for buying and 280.85 for selling.

Euro was quoted at 295 for buying and 298 for selling while British Pound stands at 345 for buying, and 349 for selling.

UAE Dirham AED was at 75.4 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 15 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.9 280.85
Euro EUR 295 298
UK Pound Sterling GBP 345 349
U.A.E Dirham AED 75.45 76.2
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 182.7 184.5
Bahrain Dinar BHD 739.38 747.38
Canadian Dollar CAD 204 206.2
China Yuan CNY 38.45 38.85
Danish Krone DKK 40.45 40.85
Hong Kong Dollar HKD 35.57 35.92
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 903.91 912.91
Malaysian Ringgit MYR 58.92 59.52
New Zealand Dollar NZD 167.63 169.63
Norwegians Krone NOK 25.38 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.35 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.61 7.76

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