Maleeha hails PBTIF achievements

18 Jan, 2004

The dramatic thaw in Pakistan, Indian relations have created a new environment for enhancing trade and investment in Pakistan, said Pakistan's High Commissioner to the UK, Dr Maleeha Lodhi.
Dr Maleeha was presiding over a meeting of Pakistan Britain Trade and Investment Forum (PBTIF) here on Friday.
She briefed members of the forum about the latest developments in the region and adoption of Legal Framework Order (LFO) by the Parliament after an agreement was reached between the Government and the Muttahida Majlis-i-Amal (MMA).
A report on the visit of Mike O'Brien, British Minister of State for Trade, Investment and Foreign Affairs and PBTIF was presented to Dr Maleeha Lodhi on the occasion.
The report highlighted the major achievements made during O'Brien's visit including Britain's support to Islamabad on the issue of rice and anti-dumping duties would relax visa for businessmen including its commitment of organising Investment Conference in May this year.
It said efforts would be made to improve the country's image in the UK and that PBTIF would be institutionalised.
Dr Maleeha appreciated the efforts of PBTIF in achieving its objectives and expressed thanks to Charles Jamieson, Chief Executive of Premier Oil to hold the office of its Chairman for one year.
She expressed full confidence in Jamieson's abilities to run the Forum in a dynamic manner. She also thanked Hamish St. Clair Daniel, MBE Deputy High Commissioner (designate) in Karachi, Pakistan and Department of Trade and Industry for attending the conference as observer.
Stefan Kosciuszko, Chief Executive of Asia House briefed the meeting about details on the activities to be carried out this year.
This will include arranging a meeting with Finance Minister in February for launch of Pakistan Bonds issue and investment seminar to be held during mid May at London.
Dr Maleeha expressed her satisfaction and agreed with the idea of organising an Investment Conference in UK this spring.

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