
PM Shehbaz discusses regional situation with British High Commissioner
In a statement, the Prime Minister's Office (PMO) said that the PM conveyed his warm wishes for His Majesty King Charles III and Prime Minister Keir Starmer and said he looked forward to his meeting with the UK leadership later this year.
'He welcomed the UK Government's recent decision to resume PIA flights to and from the U.K., which he said would go a long way in alleviating the hardships faced by the British Pakistani community as well as enhancing people-to-people exchanges,' said the press release.
The PM also appreciated the role of Marriott in this regard.
While discussing Pakistan-UK relations, the PM expressed satisfaction at the positive trajectory of bilateral cooperation and said that the recently held trade talks between the two countries would lead to mutually beneficial opportunities for both sides.
'Pakistan is cooperating closely with the UK at the UN Security Council,' the PMO quoted the premier as saying.
The PM also expressed his appreciation for the UK's role in de-escalation of tensions during the Pakistan-India stand-off. PM Shehbaz reiterated that Pakistan was ready for a meaningful dialogue with India on all outstanding issues, said the statement.
Moreover, Marriott thanked the premier for receiving her and briefed him about her recent visit to London, where she had extensive consultations on enhancing Pakistan-UK bilateral ties.
'She lauded the government's economic performance in the last year and a half, under the vision and leadership of the Prime Minister, which had brought about a significant improvement in all key macro-economic indicators.
She also shared with the Prime Minister, the UK's perspective on regional developments in South Asia and the Middle East.'
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Business Recorder
an hour ago
- Business Recorder
Profit-taking grips bourse, KSE-100 drops over 1,400 points
After initial buying momentum, profit-taking gripped the Pakistan Stock Exchange (PSX), causing the benchmark KSE-100 to settle with a loss of over 1,400 points on Tuesday. The market kicked off trading on a positive note, pushing the KSE-100 Index to an intra-day high of 140,331.01. However, profit-taking was observed in the final hours of trading, dragging the benchmark to an intra-day low of 137,636.37. At close, the benchmark index settled at 137,964.81 level, a decrease of 1,415.24 points or 1.02%. In a key development, Finance Minister Muhammad Aurangzeb left for his second visit to the United States in two weeks to finalise a trade deal with Washington, his office said late on Monday. The trip comes after Foreign Minister Ishaq Dar said on Friday that the U.S. and Pakistan were 'very close' to a trade deal that could come within days. 'A final discussion on the Pakistan-US trade dialogue will take place during the visit,' the finance ministry said in a statement, adding that a trade agreement will benefit both countries. On Monday, PSX saw modest upward momentum, fueled by investor interest in cement and technology stocks ahead of the monetary policy announcement and key corporate earnings. The benchmark KSE-100 Index gained 172.77 points, or 0.12%, to close at 139,380.06 points Internationally, Asia shares eased on Tuesday while the euro nursed its losses as investors pondered the downside of the US-EU trade deal and the reality that punishing tariffs were here to stay, with unwelcome implications for growth and inflation. The initial relief over Europe's 15% levy quickly soured when set against the 1% to 2% that stood before President Donald Trump took office. Leaders in France and Germany lamented the outcome as a drag on growth, pulling down stocks and bond yields across the continent while slugging the single currency. Trump also flagged a 'world tariff' rate of 15% to 20% on all trading partners that were not negotiating a deal, among the highest rates since the Great Depression of the 1930s. A further risk to world growth came from a sudden spike in oil prices after Trump threatened a new deadline of 10 or 12 days for Russia to make progress toward ending the war in Ukraine or face tougher sanctions on oil exports. The air of caution saw MSCI's broadest index of Asia-Pacific shares outside Japan slip 0.7%. Japan's Nikkei eased 0.8% while Chinese blue chips fell 0.1%. This is an intra-day update


Business Recorder
2 hours ago
- Business Recorder
Profit-taking grips bourse, KSE-100 shed nearly 1,200 points
After initial buying momentum, profit-taking gripped the Pakistan Stock Exchange (PSX), causing the benchmark KSE-100 to shed nearly 1,200 points during intraday trading on Tuesday. At 3:15pm, the benchmark index was hovering at 138,189.33 level, a decrease of 1,190.72 points or 0.85%. In a key development, Finance Minister Muhammad Aurangzeb left for his second visit to the United States in two weeks to finalise a trade deal with Washington, his office said late on Monday. The trip comes after Foreign Minister Ishaq Dar said on Friday that the U.S. and Pakistan were 'very close' to a trade deal that could come within days. 'A final discussion on the Pakistan-US trade dialogue will take place during the visit,' the finance ministry said in a statement, adding that a trade agreement will benefit both countries. On Monday, PSX saw modest upward momentum, fueled by investor interest in cement and technology stocks ahead of the monetary policy announcement and key corporate earnings. The benchmark KSE-100 Index gained 172.77 points, or 0.12%, to close at 139,380.06 points Internationally, Asia shares eased on Tuesday while the euro nursed its losses as investors pondered the downside of the US-EU trade deal and the reality that punishing tariffs were here to stay, with unwelcome implications for growth and inflation. The initial relief over Europe's 15% levy quickly soured when set against the 1% to 2% that stood before President Donald Trump took office. Leaders in France and Germany lamented the outcome as a drag on growth, pulling down stocks and bond yields across the continent while slugging the single currency. Trump also flagged a 'world tariff' rate of 15% to 20% on all trading partners that were not negotiating a deal, among the highest rates since the Great Depression of the 1930s. A further risk to world growth came from a sudden spike in oil prices after Trump threatened a new deadline of 10 or 12 days for Russia to make progress toward ending the war in Ukraine or face tougher sanctions on oil exports. The air of caution saw MSCI's broadest index of Asia-Pacific shares outside Japan slip 0.7%. Japan's Nikkei eased 0.8% while Chinese blue chips fell 0.1%. This is an intra-day update


Business Recorder
3 hours ago
- Business Recorder
Highnoon Labs partners with Bangladesh's Beximco to target high-burden diseases in Pakistan
Highnoon Laboratories Limited (HINOON), a Pakistani pharmaceutical company, has announced a strategic partnership with Beximco Pharmaceuticals Limited, a leading Bangladesh-based drug manufacturer, to collaborate on the distribution and marketing of specialised pharmaceutical products in Pakistan. The listed pharmaceutical disclosed the development in its notice to the Pakistan Stock Exchange (PSX) on Tuesday. 'The company has entered into a strategic partnership with Beximco Pharmaceuticals Limited, a leading Bangladesh-based pharmaceutical company having state-of-the-art manufacturing facilities, accredited by the regulatory authorities of the USA, Australia, the European Union, Canada, and Brazil,' read the notice. HINOON shared that a memorandum of understanding (MoU) has been inked between the two companies to collaborate for the distribution and marketing of specialised pharmaceutical products in Pakistan, with the focus on high-burden therapeutic areas including respiratory, diabetes, and cardiovascular diseases. Bangladesh firm opens outlet in Karachi 'Through this partnership, the company will bring newer therapies, dosage forms and delivery systems for the ease of use and better clinical results for patients and improve access to the advanced medications. This strategic alliance will make a significant contribution to the recent expansion of trade relations and economic cooperation between Pakistan and Bangladesh,' read the notice. Beximco Pharmaceuticals Ltd. is an emerging generic drug player committed to providing access to affordable medicines. It currently focuses on building presence in many emerging and developed markets around the world. Meanwhile, Highnoon Laboratories Limited was incorporated in Pakistan as a private limited company in 1984 and was converted into a public limited company in 1995. The principal activity of the company is the manufacturing, import, sale and marketing of pharmaceutical and allied consumer products.