Pakistan’s newly appointed High Commissioner to the United Kingdom, Mr. Tipu Usman, called on the Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, to discuss matters of mutual economic interest and explore avenues for further strengthening Pakistan-UK economic and financial cooperation.
The Finance Minister welcomed the High Commissioner on his new assignment and expressed confidence that his experience and diplomatic acumen would contribute to further enhancing bilateral economic engagement and advancing Pakistan’s economic diplomacy objectives in the United Kingdom.
The meeting reviewed opportunities to expand cooperation in trade, investment, banking, remittances, capital markets, and financial services. Discussions also focused on strengthening Pakistan’s engagement with international investors and financial institutions, while leveraging London’s position as a leading global financial centre to support Pakistan’s financing and capital market objectives.
The Finance Minister highlighted the Government’s ongoing efforts to diversify financing sources, deepen Pakistan’s access to international capital markets, and strengthen the country’s financial architecture. The two sides also exchanged views on developments in digital finance, blockchain-based financial solutions, virtual assets, and emerging instruments such as the tokenization as part of Pakistan’s broader digital transformation agenda.
The meeting also discussed avenues for enhancing cooperation in debt management and capital market development, including continued engagement with the United Kingdom Debt Management Office. The High Commissioner briefed the Finance Minister on prospects for engaging institutional investors and facilitating future investment roadshows in coordination with leading financial institutions.
Senator Muhammad Aurangzeb underscored the important role of the Pakistani diaspora in the United Kingdom in strengthening economic linkages between the two countries, particularly through remittances and the Roshan Digital Account, investment, and commercial engagements. He also emphasized the importance of continued collaboration with UK-based financial institutions and the private sector to further promote bilateral economic and financial ties.
The Finance Minister reaffirmed the Government’s commitment to maintaining macroeconomic stability, strengthening fiscal discipline, improving the ease of doing business, and creating an enabling environment for investment and private sector-led growth. Both sides agreed to remain closely engaged to advance areas of mutual interest and further strengthen Pakistan-UK economic cooperation.
The High Commissioner reiterated Pakistan’s commitment to strengthening its economic partnership with the United Kingdom across all domains, describing the relationship as one of long-standing importance that continues to hold significant potential for further growth.
