UK promises ‘more generous’ market access for Pakistan post Brexit

INSUBCONTINENT EXCLUSIVE:
more generous market access post Brexit than what it currently has under GSP Plus regime, a statement received here from London said on
Thursday.The release said Greg Hands, the UK minister of state for trade policy, also assured Pervaiz Malik, the federal commerce minister,
of working with Pakistan to promote it as a safe destination for British investment in a meeting
Government Meeting (CHOGM) 2018
Expressing gratitude for their support in securing GSP plus status with EU, the commerce minister urged British government for a closer
trade relation post Brexit
Business Forum
He also highlighted the revolutionary changes the China-Pakistan Economic Corridor project (CPEC) was bringing about in the infrastructure
and energy landscape of the country
Furthermore, Malik also met with Prince Andrew, Duke of York at St
The statement said both the leaders acknowledged close relations between the two countries and agree to cement them further
for Pakistan
Britain, which would exit the European Union in less than a year, is scrambling to cut new trade deals
London is now betting on its erstwhile colonies to help fill up the trade vacuum its exit from the 28-member bloc would create
Analysts said Britain was in desperate need of export opportunities and Commonwealth countries could be good destinations to start with
from India, having a population of 1.26 billion, to 100,000-strong Tuvalu and it continues to expand as Gambia rejoined the group in
February.