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Pakistan and UK Launch New Initiative to Promote SMEs


Pakistan and UK Launch New Initiative to Promote SMEs
This UK-funded initiative will help enhance Pakistan’s trade diversification and integration into global value chains.
The International Trade Centre (ITC) will implement the Revenue mobilization, Investment and Trade Programme (REMIT) programme. The GBP 5 million project will run from 2020-2024.
These efforts are part of a larger UK-supported REMIT programme aimed at contributing to sustainable and inclusive economic development in the country.
The British High Commissioner to Pakistan, Dr Christian Turner said
Monthly exports for goods and services (worth $3.2 billion) are at an impressive record high – with UK remaining one of the biggest export markets for Pakistan. The new programme will enable trade reforms and create more opportunities for Pakistani businesses, especially small and medium enterprises, to compete in international markets. This also aligns well with my ambition to double the trade b ....

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