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Prime Minister of Pakistan Syed Yousuf Raza Gilani met Chairman Standard Chartered Plc Sir John Peace, who hosted Gilani at the Standard Chartered Group Head Office in UK. The meeting was also attended by Peter Sands, Group Chief Executive, V Shankar, Group Executive Director and CEO, Europe, Middle East, Africa and Americas and Mohsin Nathani, Chief Executive, Standard Chartered Pakistan.
Key business leaders from nine leading UK companies that already have or are considering business interests in Pakistan attended the lunch. Minister for Finance Dr Abdul Hafeez Shaikh, Minister for Commerce, Makhdoom Amin Fahim, Chairman Board of Investment (BOI), Saleem H. Mandviwalla and Pakistan High Commissioner to UK, Wajid Shamsul Hasan also accompanied the Prime Minister at the forum.
The Prime Minister used the forum to urge the business leaders to take up investment opportunities in Pakistan as the country offered rich potential and lucrative returns to both local and foreign entrepreneurs. The Prime Minister shared that Pakistan has the most investor-friendly government in the region and investment in the country offered very attractive profit margin.
He shared that over 100 UK companies were doing business in Pakistan and were in a strong position to share their success as they create employment, adding to the growth and development of Pakistan's economy. The forum acknowledged Standard Chartered's contribution towards Pakistan's economic and financial development. Well positioned as the oldest foreign bank in Pakistan, Standard Chartered will be celebrating 150 years of its operations in the region.

Copyright Business Recorder, 2012

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