PM’s call with new Prime Minister of Pakistan as trade between countries increases 37% in one year

Picture by Andrew Parsons / No 10 Downing Street

The Prime Minister spoke to Pakistan’s Prime Minister Shehbaz Sharif today following his recent election (30 May 2022).

Welcoming the United Kingdom and Pakistan’s strong partnership over the past 75 years, the Prime Minister said the relationship is incarnated in the close ties between our people.

They agreed to strengthen those ties further and boost trade and investment, with the Prime Minister highlighting the appointment of a new UK Trade Envoy to Pakistan to drive those efforts.

Total trade in goods and services (exports plus imports) between the UK and Pakistan was £3.1 billion in the four quarters to the end of Q4 2021, an increase of 37.2% or £847 million from the four quarters to the end of Q4 2020.

The top 5 goods exported from the UK to Pakistan in the four quarters to the end of Q4 2021 were:
• Metal ores & scrap (£393.3 million or 55.2% of all UK goods exported to Pakistan)
• Other chemicals (£22.8 million or 3.2%)
• Cars (£21.4 million or 3.0%)
• Office machinery (capital) (£20.9 million or 2.9%)
• Aircraft (£17.0 million or 2.4%)

The top 5 goods imported to the UK from Pakistan in the four quarters to the end of Q4 2021 were:
• Clothing (£686.0 million or 45.7% of all UK goods imported from Pakistan)
• Textile fabrics (£479.7 million or 31.9%)
• Cereals (£91.3 million or 6.1%)
• Vegetables & fruit (£37.1 million or 2.5%)
• Other manufactures (consumer) (£32.9 million or 2.2%)

On international affairs, Prime Minister Sharif recognised the UK’s efforts to address the crisis in Ukraine, and the leaders agreed on the importance of ending the immense human suffering and global economic instability caused by the invasion.

The Prime Minister thanked Pakistan for their help in relocating Afghans to the UK after the Taliban takeover of Kabul.

The leaders welcomed ongoing cooperation and committed to work together to support a more peaceful and tolerant Afghanistan, noting the importance of ensuring girls can go to school.

Prime Minister Sharif passed on his congratulations on Her Majesty the Queen’s upcoming Platinum Jubilee, and the leaders looked forward to meeting in person in the near future.

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