More Than Trade: UK Supports Pakistan’s $2T Economy Goal

Related

5 Cattle Markets Announced in Islamabad for Eid 2025

To manage Eid-ul-Azha 2025, ICT approves 5 official cattle markets in Islamabad with full facilities, veterinary care, and traffic plans.

Haval Pakistan Unveils Updated H6 SUV Lineup for 2025

Haval Pakistan launches the refreshed H6 lineup with upgraded 1.5T, 2.0T AWD, and HEV models featuring new design, tech, and performance.

Will Omoda C7 and Jaecoo J5 Launch in Pakistan Soon?

Chery’s new SUVs, Omoda C7 and Jaecoo J5, steal the spotlight in Shanghai. Pakistani buyers eagerly await their possible launch.

Danish & Sarah’s Drama Teaser Draws Bollywood Parallels

The teaser of Shair, featuring Danish Taimoor and Sarah Khan, grabs attention for its cinematic style, evoking Ram Leela's dramatic vibe.

Saudi Arabia Suspends Umrah Permits Ahead of Hajj 2025

Saudi Arabia halts Umrah permits for residents and GCC nationals from May 24 to June 26, 2025, to manage Hajj crowds and ensure safe pilgrimage.

Share

According to British High Commissioner Jane Marriott, who spoke at the Leaders in Islamabad Business Summit in April 2025, the UK is committed to the support of Pakistan as a reliable partner on its journey to attaining a $2 trillion economy.

This objective will be served, she said, with the UK aligning much more closely with Pakistan on key areas of cooperation such as healthcare, education, energy, and finance.

Strategic Economic Partnership

Pakistan and the UK are moving from an aid-based partnership to a win-win partnership. It is a transition, which indicates that Pakistan has developed its status to that of a lower-middle-income country and is gearing up to become an important partner for trade and investment. 

The United Kingdom wants to help Pakistan secure more stability, prosperity, and independence, as well as a stronger economy, able to withstand the challenges of the future.

UK and Pakistan

Trade and Investment Initiatives

Currently, the trade between the UK and Pakistan stands at a £4.4 billion trade volume, which both sides intend to increase fourfold over the coming years. The UK is investing in sectors that have a major bearing on the day-to-day life of the people of Pakistan. 

An example of this is a current $45 million scheme, aimed at renewable energy and social sector improvements, aimed at enhancing the delivery of health and education services while concurrently promoting an environmentally friendly future.

Development Assistance and Focus Areas

In 2023-2024, the UK gave £41.5 million in aid to Pakistan to ensure funding in the areas of commerce, investment, tax collection, family planning, and education for girls. This amount is expected to go up to £133 million by 2024-2025. 

All to show the commitment that the UK is making toward establishing a solid alliance with Pakistan to address issues such as economic development, gender inequality, and, most importantly, population increase and climate change.

Empowering Youth and Promoting Entrepreneurship

The UK is working to develop an entrepreneurial culture in Pakistan, particularly among its youth. British High Commissioner Jane Marriott stated that the UK is committed to helping the youth of Pakistan develop their entrepreneurial skills.

The British High Commission has launched many initiatives to encourage girls’ education and entrepreneurship because start-ups and entrepreneurial ideas significantly contribute to building a developed and growing economy.

Climate Resilience and Technological Innovation

Climate change is one of the key elements of the collaboration between the UK and Pakistan. The UK collaborates with Pakistan on measures to bolster the country’s defenses against climate change while helping it seek more effective ways to raise finances through climate action.

One example is this water project, which will be running for five years and is expecting natural solutions to be beneficial to over two million people. Another measure is the creation of a Pakistan Climate Investment Fund, which will mobilize resources from the private sector to improve investments in environment-friendly programs.

Signature Pens on the Papers

Pakistan and the UK have put their signature pen to seal on collaboration in several major areas like economy, healthcare, education, climate change, and innovative technology. This collaboration is to help Pakistan realize its goal of becoming a $2 trillion economy with the UK’s assistance in these fields. 

The collaboration aims at lifting the quality of life for the citizens of Pakistan and also aims to foster stability and speed up the progress beneficial to both countries.