Pakistan, UK to sign Trade Dialogue ToRs

July 13, 2025 (MLN): In a major boost to Pakistan’s economic diplomacy, Federal Minister for Commerce Jam Kamal Khan, along with Secretary Commerce Mr. Jawad Paul, is set to sign the Terms of Reference (ToRs) for the Pakistan-UK Trade Dialogue during his official visit to the United Kingdom from July 14 to 20, 2025.

According to an official release, this milestone agreement will institutionalise bilateral trade cooperation, bringing greater standardization, transparency, and predictability to commercial ties between Pakistan and the UK.

The formalization of these ToRs is expected to open the door for tackling non-tariff barriers, diversifying Pakistan’s exports, and boosting bilateral trade volumes, which currently stand at over £4.7 billion.

The Commerce Minister will also hold key meetings with members of the All Parties Parliamentary Group (APPG) to secure broader political support for enhancing trade and investment flows.

These discussions aim to align the UK Parliament’s efforts with Pakistan’s push to expand its footprint in European markets under frameworks like the UK Developing Countries Trading Scheme (DCTS).

During his week-long visit, Jam Kamal will engage with top UK Chambers of Commerce in London and Birmingham, promoting Pakistan’s export potential in high-growth sectors such as information technology, food processing, engineering, fintech, and capital investment.

He will also meet executives from leading UK-based multinational companies, pitching Pakistan as a destination ripe for foreign direct investment (FDI).

The visit will include interactions with the UK Pakistan Business Council, Pakistan Britain Business Council, and UK Pakistan Chamber of Commerce and Industry, aiming to deepen institutional linkages and leverage diaspora-led trade initiatives that can further raise Pakistan’s profile in the UK market.

This strategic outreach underscores Pakistan’s renewed commitment to advancing economic diplomacy, attracting targeted investments, and exploring new markets to diversify its exports.

The formal signing of the ToRs for the Pakistan-UK Trade Dialogue marks a critical step toward achieving these goals, positioning Pakistan to capitalize on its untapped trade potential with one of Europe’s key economies.

Copyright Mettis Link News