Lahore Chamber of Commerce and Industry (LCCI) joined hands with UK-Pak Chamber of Commerce and Industry for the promotion of business activities between the two countries. Both the chambers inked MoU in this regard in presence of a large number of businessmen from both sides.
LCCI President inked the MoU on behalf of Lahore Chamber of Commerce and Industry while Mr Samiullah Khan represented UK-Pak Chamber of Commerce and Industry. LCCI Senior Vice President Abdul Basit and Vice President Aftab Ahmad Vohra were also present on the occasion.
The President UK-Pak Chamber of Commerce and Industry Mr Samiullah Khan was leading a delegation of 15 businessmen belonging to various trades and sectors.
As per MoU both the chambers would work together for improving trade, commerce & economic relations between the two countries. Both the sides would adopt new strategy for exchange of information relating to their respective markets. The Memorandum would help facilitate exchange of trade delegations between the two chambers.
Both the chambers would now work hand in hand for identification of obstacles in the way of trade and economic cooperation. Lahore Chamber of Commerce and Industry and UK-Pak Chamber of Commerce would also launch joint research operations for exploring possibilities of trade and investment.
Speaking on the occasion, Mr Samiullah said that the MoU would go a long way in bringing in British investment in Pakistan. He said that Britain was not a new destination for Pakistanis as most of the businessmen had already experienced different facets of it.