LONDON: Pakistan and the United Kingdom have agreed to explore new avenues for business and trade across various sectors, including information technology, fintech, manufacturing and production.
The understanding was reached during a meeting between Pakistan’s Finance Minister Muhammad Aurangzeb and the UK Minister of State for Trade, Anas Sarwar, in London on Thursday.
The two sides stressed the importance of expanding cooperation in these areas to further strengthen bilateral economic and commercial ties.
They also expressed their resolve to achieve tangible progress through the next Pakistan-UK Trade Dialogue Mechanism, scheduled for December.
Finance Minister Meets UK Minister of State for Trade, Discusses Bilateral Trade and Cooperation
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, held a meeting with the UK’s Minister of State for Trade, Mr. Anas Sarwar, at the Department for Business and…
— Ministry of Finance, Government of Pakistan (@Financegovpk) September 17, 2026
The ministers reviewed the current volume of bilateral trade, which stands at around $2.5 billion annually, and expressed satisfaction with the existing level of commercial engagement.
Speaking on the occasion, Muhammad Aurangzeb said the country’s economy has stabilised and is moving on a fast-track trajectory towards growth. He said the government has undertaken macroeconomic reforms which have yielded positive dividends, along with reforms aimed at curtailing losses and improving economic efficiency.
The Finance Minister highlighted that the government is determined to carry forward the privatisation process in order to enhance private-sector participation and promote competition for improved service delivery.
Pakistan pursuing structural reforms
Earlier on Wednesday, Muhammad Aurangzeb said Islamabad is pursuing a structural reform agenda aimed at enabling the private sector and supporting sustained economic growth.
Addressing the Investment Roundtable hosted by the Pakistan High Commission in London, Finance Minister Aurangzeb said the government was committed to macro-economic stabilisation and was vigorously pursuing reforms to strengthen the economy.
Pakistan Investment Roundtable at London
Minister for Finance & Revenue addresses Pakistan Investment Roundtable
Pakistan High Commission, London hosted “Pakistan Investment Roundtable” with participation from leading investors and global financial management firms in #London.… pic.twitter.com/3tIdMgECg5
— Pakistan High Commission London (@PakistaninUK) September 16, 2026
Leading investors and global financial management firms in London participated in the Investment Roundtable. Governor State Bank of Pakistan Jamil Ahmed, Advisor to Finance Minister Khurram Schehzad, and High Commissioner of Pakistan to UK Tipu Usman were also present.
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In his keynote address, Finance Minister Aurangzeb said that the government was committed to macro-economic stabilisation and was vigorously pursuing sustained growth. He underscored that the structural reforms agenda is being implemented, which also aims at enabling the private sector.
The Finance Minister said that the fiscal consolidation was delivering results in the form of primary surplus, deficit compression, revenue mobilisation and impetus in institutional and fiscal reforms.
