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PAKISTAN - BRITAIN ADVISORY COUNCIL
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The Advisory Group was established on 7 th January
2002, during the British Prime Minister's visit to Pakistan, to
provide private sector advice on key aspects of the Pakistan/ British
trading and investment relationship.
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Term of Reference
The terms of reference of the Group are as follows:
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The Group should
confine itself to matters, of key importance to the private
sector, where it believes that one or both governments can make a
difference to trade/ investment facilitation and market access.
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In making
recommendations it should recognize the governments' key role in
establishing an appropriate enabling environment business itself.
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Recommendations
should be in the form of short, well argued, focused conclusions,
not in lengthy papers. All recommendations should if possible be
unanimous, but if that is not possible should at least come with
the support of the majority of the Group. |
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The Group may at any
time make recommendations to reform its membership and structure,
or should the circumstances so dictate to suggest that the Group
be stood down. The Group will automatically be stood down if it
has not met over a period of a year. |
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Members of the PBBAG The members of the
Group are as below:
Representing the two governments:
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Mr. Wasem Haqqie, Chairman BOI |
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Mr. David Pearey, British Deputy
High Commissioner and Director of Trade & Development |
Representing the private sector:
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Mr. Bashir Ali Mohammad, Director,
Gul Ahmed Textile Mills |
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Mr. Javaid Anwar, Managing Director
& CEO, BOC Pakistan |
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Mr. Mohammad Faruque, Chairman,
Ghulam Faruque Group |
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Mr. Moin Fudda, Country Chief,
Commercial Union Pakistan |
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Mr. Munnawar Hamid, Chairman, ICI
Pakistan |
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Mr. Vince Harris, Chief Executive,
Hub Power Company |
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Mr. Abdul Majeed, Chairman, National
Foods Limited |
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Mr. Razzak Tabba, Partner, Yunus
Brothers |
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Investment Survey of British Companies (April-May 2003)
Pakistan Britain Business Advisory Group has conducted an Investment
Survey of British Companies in April/ May 2003, the highlights are as
below:
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45 companies participated in the
survey. |
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Nearly half (22) are fully owned.
The rest have partial Pakistani ownership. |
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The companies operate in wide
range of sectors like Oil/Gas Exploration & Production, Power
Generation, Chemicals, Banking, Trading/ Shipping, Airlines,
Software Development, Pharmaceuticals and Fast Moving Consumer
Goods. |
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The companies collectively and
individually are significant revenue generators and major
employers of labour. The majority have plans for future
investment. |
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35% of those responding were
either enthusiastic or optimistic about the business climate for
potential investors, 65% were either cautious or negative. |
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In assessing the key factors
affecting business confidence (the domestic economy, the internal
political situation, the internal security situation, the external
political situation, policy consistency and policy implementation)
75% of respondents believed that the situation had improved in the
past 2/3 years |
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Pakistan Britain Trade & Investment Forum (PBTIF)
I n May 2003, Pakistan Britain Trade & Investment
Forum (PBTIF) in UK was formed which is a counterpart of PBBAG in
Pakistan. The basic purpose of PBTIF is to strengthen the trade and
investment relations between both the countries. It also include a
trade mission to visit Pakistan, an Investment Conference and close
liaison with both Governments. These activities and all other related
events will be arranged and managed by Asia House in conjunction with
the Pakistan High Commission. |
Members of the PBTIF
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Mr. Muhammad Ashraf, A&N Trimmings
Ltd. |
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Mr. Izzat Majeed, Chief Executive,
Alyph Limited |
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Sir Muhammad Anwar Pervez, Chairman,
Bestway Group |
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Mr. Francis Egan, BHP Billiton |
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Mr. Razi Khan, Chief Executive, GSL
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Mr. Habib Mohamed D. Habib, Chairman
& MD, Habibsons Bank |
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Mr. Charles Jamieson, Chief
Executive, Premier Oil |
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Mr. Humayun A. Mughal, Akhtar
Computers |
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Mr. David Crane, International Power
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Mr. R. J. Wild, Chief Executive,
United National Bank |
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Mr. Muhammad Ramzan, MD, United
Wholesaler Grocers |
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Howard Kennedy |
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Rolls Royce |
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Biwater |
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Glaxo Smith Kline |
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Mr. Mike Gardner, SVP, ICI |
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ITIM |
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Jaguar and Landrover |
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Standard Chartered Bank |
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Hascombe |
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MOU between PBBAG and PBTIF
Memorandum of Understanding (MOU) between PBBAG and PBTIF was signed
on 11 th December 2003 in Karachi. |
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