International Business Mission to by Scottish Chambers of Commerce

About Pakistan:

Pakistan occupies a geopolitically important location at the crossroads of South Asia, the Middle East and Central Asia. With over 191 million people and an increasing urban and young population, Pakistan's economy is poised to grow steadily in the coming years.

With a growing middle class and an affinity for UK expertise, products and brands, there are good opportunities to increase Scottish exports of goods and services in this unsaturated and rapidly growing market.

Pakistan was the UK’s 52nd largest trading partner in the four quarters to the end of Q4 2022 accounting for 0.3% of total UK trade.

There are opportunities for Scottish businesses to benefit by integrating Pakistani firms into their supply chains. Pakistan is keen to expand and diversify its export base and is already competitive in products such as textiles, garments, surgical instruments, steel, and sporting goods.

Read the Scottish Government’s Pakistan Engagement Strategy.

Key Sectors:

The Scottish Chambers of Commerce has signed an historic Memorandum of Understanding with the Federation of Pakistan Chambers of Commerce & Industry, opening up opportunities for Scottish businesses to access the country’s affinity for our expertise, products and brands.

A delegation of Pakistan businesses is visiting Scotland on 24th August at CodeBase Ltd, 37a Castle Terrace, Edinburgh EH1 2EL at 09:30am - 12 noon from fintech, agritech, space, health, life sciences, energy, green skills and ICT.

We will be hosting a round table event and providing the opportunity for B2B meetings between Scottish and Pakistani businesses, delivering substantial trade agreements for participants.

In addition, important sectors for Scottish businesses in Pakistan include:

·        professional services

·        infrastructure

·        healthcare

·        education

·        defence

·        security

·        consumer goods

Benefits for Scottish businesses exporting to Pakistan include:

·        common business language

·        location on the crossroads of Asia and the Middle East, bordering China in its

         north-most area, India in the east and Iran and Afghanistan in the west

·        similar legal practices

·        affinity for and familiarity with Scottish companies and brands

·        growing middle class

Strengths of the Pakistan market include:

·        highly populous country with a young population

·        strong business and consumer base

·        large English speaking nation

·        strong people to people links with Pakistani migrant communities in Scotland

·        educated workforce

·        low production and labour costs

Apply:

FREE to attend.

RSVP to Seona Shand, International Trade Director at sshand@scottishchambers.org.uk