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Jun 30, 2017

Major exports are comprised of raw steel or scrap but this emerging market has great potential

High priced Cargo from UK to Pakistan are not that frequently transported but other items like scrap are usually the main item that the exporters focus on. For this, the companies do not need to take special measures or to take care of the process as old and rejected steel is the major item.

Used and new cars are also sent to this country and people are now more interested in their purchase. A good analysis has been provided to the business firms in this regard so that they have knowledge about the opportunities as well as challenges of a particular market.

Generally, it is considered a developing society that is comprised of mostly young people and urban population is also expanding. That is why the potential is there to sell goods of fine quality. Another big appeal is the potential of the buyers as almost three-fourth of total GDP is produced by the people living in cities of the country.

Imperative measures for trade boost

For sending goods British freight companies have the entire basic infrastructure and system is in place. You get accurate information of the documentation and the things that cannot be allowed to cargo to Pakistan.

Competition among the freight service providers and cargo container firms has kept the rates at a level that is quite attractive but Air Cargo is not cheap and things become expensive due to their freight charges if this route has opted.

Both the countries keep holding conferences and seminars in order to highlight the prospects of doing the trade. With these practices people get encouraged and business activities increased.

High-quality brands are welcomed by the people

Big cities like Karachi and Lahore share the good percentage of national income. The growing middle class has a thirst of international brands and their increasing purchase power let people take that liberty. Demand for high-quality goods and services has been growing steadily so the vacuum is there to be filled by UK producers.

The government of United Kingdom has established a separate guiding council for doing business in this country and also has a record of companies doing trading in this part of the world. For new firms, a good deal of information is present that can be brought in use for a successful deal.

British companies are keenly interested in Trade with Pakistan

For one of the biggest populations in the world, British companies can be the first choice due to a number of similarities and centuries-old relations. Acceptance of products thus no issue and other hurdles are also least.

While thinking of challenges in this exercise there could be bureaucratic and custom clearance issues that would hamper smooth completion of the process. But at the government level, there is a strong will to remove all the impediments so that the trade volume can reach to the true potential.

Aforesaid platforms also play a vital role to bring into knowledge all the problems faced by the business community. With all these efforts and eagerness in near future, there is a likelihood of a noticeable increase in the volume of UK exports to Pakistan.

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