Pakistan–UK Trade Reaches Record High of £5.5 Billion

Pakistan–United Kingdom trade has reached a **record level for the first time**, marking a major milestone in bilateral economic relations.

According to officials, the effective strategy of the **Special Investment Facilitation Council (SIFC)** has helped Pakistan enter a new phase of economic growth and global confidence. During a recent visit to Pakistan, the **British Minister for Development** announced the restoration of the **development partnership with Pakistan**.

After a gap of eight years, Pakistan and the United Kingdom have agreed to resume **development dialogue and investment cooperation**. As a result, bilateral trade between the two countries has reached a historic high of **£5.5 billion**.

The British minister stated that strengthening trade relations is contributing to **job creation and economic growth** in Pakistan. On the occasion, **Prime Minister Shehbaz Sharif** and the British minister jointly launched a **business reform package** aimed at improving the investment climate.

Meanwhile, a positive trend in **foreign investment** has continued during the current fiscal year. A total of **731 foreign investors** invested **Rs1.26 billion** through the registration of **524 new companies** in Pakistan.

Companies from several countries, including **China, the United Kingdom, Germany, South Africa, Vietnam, the United States, and the UAE**, registered in Pakistan. With a **71 percent share**, **China** remained the largest contributor to foreign investment in the country.