UK increases Export Finance country limit for PakistanChristian Fernsby ▼ | September 15, 2020
The UK’s credit financing agency, UK Export Finance (UKEF) has increased its financing limit for UK businesses looking to export to and invest in Pakistan to £1.5 billion.
UK Pakistan street
UKEF helps secure large contracts by providing attractive financing terms to buyers and supporting working capital loans.
The British High Commissioner to Pakistan, Dr Christian Turner met with the Federal Minister of Commerce for Pakistan Razaq Dawood today to discuss trade ties and business potential between the two countries.
The Commerce Minister welcomed the UKEF’s announcement of an increase of £500 million in the credit limit for business investment in Pakistan, especially at a time when Pakistan is looking to expand its trade potential to mitigate the impacts of coronavirus. ■