UK Pakistan Chamber signed a Memorandum of Understanding

"UK Pakistan Chamber of Commerce and Industry (UKPCCI) signed a Memorandum of Understanding with Rawalpindi Chamber of Commerce and Industry in London on 16th August, 2014 and agreed to work with close cooperation and coordination to boost trade and investment. Mr. Abdul Majeed Shaheen, President of UKPCCI termed the MoU as milestone in cooperation between the two chambers. He said Pakistan is in dire need of investment from foreign investors to overcome the problem of power shortage and unemployment. President of the Rawalpindi Chamber of Commerce and Industry Mr. Shamil Daud Arain termed the MoU a pleasant occasion of cooperation between RCCI and UKPCCI. He further stated that with the cooperation of UKPCCI, RCCI will explore new opportunities for the Pakistani goods in the UK Market. Mr. Arain also expected that the other Chamber will also extend their cooperation for boosting exports from Pakistan.

Mr. Nazar Lodhi, Vice President of the UKPCCI on the occasion stated that Pakistan is need of foreign investment but Government of Pakistan should also take steps to protect the foreign investment.  Mr. Mohammad Aslam, Vice President of Rawalpindi Chamber and Executive Member Mr. Khurshid Barlas stated that Rawalpindi Chamber is planning to arrange a grand exhibition of Pakistani goods in UK and this will impact the business relation between two countries. General Secretary of the UKPCCI Mr. Sohail Siraj, Director A. Haq , Director Dr. Ghulam Murtaza and other members of the UKPCCI attend the ceremony."