ISLAMABAD (News Desk): The Businessmen Panel of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Sunday said Post Brexit was an opportunity for Pakistan to negotiate well with UK authorities for concessional tariffs on Pakistani goods. “The brexit happened at a time when United Kingdom had already improved their travel advisory for Pakistan,” the panel said. In a statement, the panel said Pakistan and UK had historic ties and an umbrella of common wealth too which must be seen in a greater economic diplomacy. UK-Pakistan bilateral trade in 2017 was £2.9 billion in which Pakistan had an edge. The UK is currently Pakistan’s third largest source of foreign direct investment, after China and the Netherlands. The FPCCI body said there were opportunities for British businesses to benefit by integrating Pakistani firms into their supply chains. Pakistan is keen to expand and diversify its export base and is already competitive in products such as textiles, garments, surgical instruments, steel, and sporting goods and Under China’s Belt and Road Initiative, the China-Pakistan economic corridor (CPEC) is a collection of modern infrastructure projects including roads, rails and power plants for improving geographical connectivity in the region which may complement to Britishers business community. It also viewed that trade envoy MP Rehman Chishti visited Pakistan several times in his appointment to boost UK-Pak trade relations post-Brexit. Former British Home Secretary Sajid Javid and Mayor of London Sadiq Khan have paid pivotal visits to Pakistan in the past, which further indicates how serious the British government is to strengthen the bond between the two countries. Pakistan’s Prime Minister Imran Khan has also repeatedly stressed the importance of the bilateral trade between the two countries. Let’s hope when the dust settles after the much-dreaded Brexit, the trade prospect between the two countries is explored to its fullest potential and this bilateral partnership goes to the next level. Balochistan Chief Minister Jam Kamal Khan has said that construction of shipyard in Gwadar is being executed very soon. He was talking to the Federal Minister for Defence Production Zubeda Jalal in Quetta today. The Chief Minister said that completion of project would play an important role in progress and prosperity of the entire Balochistan province. On this occasion, Zubeda Jalal thanked the provincial government for provision of land for construction of shipyard. The Gwadar Development Authority’s governing body has approved rates of fee and taxes to be imposed on different sectors in the port city with some amendments. A meeting presided over by Balochistan Chief Minister Jam Kamal Khan Alyani, who is also chairman of GDA’s Board of Governors, also reviewed progress on town planning and regulations regarding the construction sector under the Gwadar Smart City Master Plan. GDA Director General Shahzeb Kakar briefed the governing body on proposed rules and regulations and other issues relating to the fee and tax collection. The chief minister directed the GDA to consider Gwadar as an international port city from the beginning of construction and ensure environmental protection and energy resources while constructing high-rise buildings in the city. The meeting ordered the GDA to publish notices in newspapers regarding new housing societies to inform general public about its rules and regulations. It also directed the authorities to start one-window operation regarding licensing and registration of private construction firms. The construction firms were asked to publish rules and regulations on GDA website. The GDA director general informed the meeting that the government had allocated land for industrial areas, residential schemes, public entertainment and buildings of private investment companies. The chief minister said all development projects in Gwadar should be based on public-private partnership. “Partnership with private firms will enhance GDA’s resources,” he added.