BOI Pakistan

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.

Term of Reference

The terms of reference of the Group are as follows:

	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.
	In making recommendations it should recognize the governments' key role in establishing an appropriate enabling environment business itself.
	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.
	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.

Members of the PBBAG The members of the Group are as below:

Representing the two governments:

	Mr. Wasem Haqqie, Chairman BOI
	Mr. David Pearey, British Deputy High Commissioner and Director of Trade & Development

Representing the private sector:

	Mr. Bashir Ali Mohammad, Director, Gul Ahmed Textile Mills
	Mr. Javaid Anwar, Managing Director & CEO, BOC Pakistan
	Mr. Mohammad Faruque, Chairman, Ghulam Faruque Group
	Mr. Moin Fudda, Country Chief, Commercial Union Pakistan
	Mr. Munnawar Hamid, Chairman, ICI Pakistan
	Mr. Vince Harris, Chief Executive, Hub Power Company
	Mr. Abdul Majeed, Chairman, National Foods Limited
	Mr. Razzak Tabba, Partner, Yunus Brothers

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:

	45 companies participated in the survey.
	Nearly half (22) are fully owned. The rest have partial Pakistani ownership.
	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.
	The companies collectively and individually are significant revenue generators and major employers of labour. The majority have plans for future investment.
	35% of those responding were either enthusiastic or optimistic about the business climate for potential investors, 65% were either cautious or negative.
	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

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

	Mr. Muhammad Ashraf, A&N Trimmings Ltd.
	Mr. Izzat Majeed, Chief Executive, Alyph Limited
	Sir Muhammad Anwar Pervez, Chairman, Bestway Group
	Mr. Francis Egan, BHP Billiton
	Mr. Razi Khan, Chief Executive, GSL
	Mr. Habib Mohamed D. Habib, Chairman & MD, Habibsons Bank
	Mr. Charles Jamieson, Chief Executive, Premier Oil
	Mr. Humayun A. Mughal, Akhtar Computers
	Mr. David Crane, International Power
	Mr. R. J. Wild, Chief Executive, United National Bank
	Mr. Muhammad Ramzan, MD, United Wholesaler Grocers
	Howard Kennedy
	Rolls Royce
	Biwater
	Glaxo Smith Kline
	Mr. Mike Gardner, SVP, ICI
	ITIM
	Jaguar and Landrover
	Standard Chartered Bank
	Hascombe

MOU between PBBAG and PBTIF

Memorandum of Understanding (MOU) between PBBAG and PBTIF was signed on 11 th December 2003 in Karachi.