Yasin Calls for Stability to Boost Confidence, Highlights UK’s Open Investment Climate
The United Kingdom’s trade envoy to Pakistan, Mohammad Yasin, has encouraged Pakistani businesses to take advantage of the UK’s open-door policy for foreign investment, while urging Islamabad to ensure stability and build investor confidence.
In an interview with The Express Tribune at the conclusion of his three-day visit, Yasin said Pakistan’s economic and political environment has improved compared to two years ago, but stressed that sustained, long-term policies are essential for progress.
“Pakistan is doing much better and is serious about reform, but it’s a long journey — these policies must continue,” Yasin remarked.
During his trip, Yasin explored investment opportunities, met with political leaders, and raised UK investor concerns with the Special Investment Facilitation Council (SIFC). He noted that under the UK’s 2035 growth plan, Britain seeks foreign investment in eight key sectors, presenting opportunities for Pakistani businesses.
He described current bilateral trade — at £4.7 billion — as underwhelming, saying there is no limit to how much it can grow by 2035. “The UK is a haven for companies to invest in, and we’re inviting businesses from abroad, including Pakistan. At the same time, Pakistan needs to provide stability and confidence for UK investors.”
Yasin acknowledged that Pakistan’s young population and rising number of entrepreneurs, especially women, are significant strengths. However, he emphasised the need for consistency, particularly under the IMF programme, to attract long-term investment.
“Security and stability are crucial. If investors don’t feel confident, they won’t invest,” he said.
Looking ahead, Yasin announced that a ministerial trade dialogue between Pakistan and the UK will take place soon in London, aimed at addressing barriers faced by UK investors. Trade teams from both sides are finalising the agenda.
He identified IT and agriculture as sectors where Pakistan could expand exports, and pointed to UK expertise in mineral extraction, with a British company already securing a £53 million contract and McKinsey advising on mining sector reforms.
Yasin also assured that the UK’s Developing Countries Trading Scheme — its replacement for the EU’s GSP+ — would continue uninterrupted, and expressed Britain’s willingness to address Pakistan’s concerns over non-tariff barriers.
He highlighted persistent challenges UK firms face in Pakistan, including intellectual property rights issues and pharmaceutical pricing, and confirmed these matters had been raised with the SIFC.
In closing, Yasin reiterated his message: “UK companies are eager to invest in Pakistan. Please provide the stability and confidence they need. They really want to come and invest.”
