davidcameron9-ap670
British Prime Minister David Cameron. — File Photo

LONDON: British Prime Minister David Cameron on Monday congratulated Pakistan's incoming premier Nawaz Sharif on his resounding election victory and praised his commitment to economic reforms.

Cameron broke off from a trip to Washington to speak to Sharif on the telephone and they agreed to work to reinforce the “strong bond” between their two countries, according to the British prime minister's office.

They also pledged their commitment to the trilateral process, the three-way talks between Britain, Pakistan and Afghanistan aimed at finding peace in Afghanistan, where Britain is starting to reduce its 9,000-strong troop presence.

“The Prime Minister and Nawaz Sharif agreed that the strong bond between the UK and Pakistan was a huge asset and that they would work together to strengthen the relationship further,” a Downing Street spokeswoman said.

“The Prime Minister welcomed Nawaz Sharif's commitment to prioritise economic reforms.”

“The two leaders also agreed on their shared commitment to the trilateral process and its importance in achieving peace in Afghanistan and the wider region.”

Sharif, who returned to office 14 years after he was ousted in a military coup, campaigned on a pro-business agenda and stocks in Karachi hit an all-time high on Monday on hopes he can revive Pakistan's shattered economy.

He has appointed veteran finance minister Ishaq Dar, who served in the role in Sharif's second administration and again briefly in 2008.

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

IMF’s unease
Updated 24 May, 2024

IMF’s unease

It is clear that the next phase of economic stabilisation will be very tough for most of the population.
Belated recognition
24 May, 2024

Belated recognition

WITH Wednesday’s announcement by three European states that they intend to recognise Palestine as a state later...
App for GBV survivors
24 May, 2024

App for GBV survivors

GENDER-based violence is caught between two worlds: one sees it as a crime, the other as ‘convention’. The ...
Energy inflation
Updated 23 May, 2024

Energy inflation

The widening gap between the haves and have-nots is already tearing apart Pakistan’s social fabric.
Culture of violence
23 May, 2024

Culture of violence

WHILE political differences are part of the democratic process, there can be no justification for such disagreements...
Flooding threats
23 May, 2024

Flooding threats

WITH temperatures in GB and KP forecasted to be four to six degrees higher than normal this week, the threat of...