The economic challenges being faced by Pakistan require out-of-box solutions and a proactive private sector role therefore the business community should come forward and join hands with their global counterparts. Lord Nazir Ahmad expressed these views while talking to a 37-member Lahore Chamber delegation, headed by LCCI President Irfan Qaiser Sheikh.
According to the LCCI spokesman, Lord Nazir Ahmad said it was the private sector that had all the abilities to do miracle in those difficult times when most of the economies in the world were facing various types of challenges. He said only those countries were performing well where the private sector was playing its role properly and had little reliance on public sector.
He said there were many sectors of the UK economy where Pakistani businessmen could get a fair share but to achieve the objectives they would have to adopt modern business techniques and methodologies. He said Pakistani expatriates were ready to facilitate their Pakistani brothers who intended to do business in the United Kingdom. Lord Nazir Ahmad, while throwing light on bilateral trade relations, stressed the need for utilising modern techniques to increase the existing business volume between Pakistan and the UK.