Senior Vice President SAARC Chamber of Commerce and Industry, Iftikhar Ali Malik Wednesday said President of Pakistan Dr Arif Alvi assuring a high level 25 members traders delegation said the PTI attached great importance to business community across the board and is fully committed to expedite the economic growth and export oriented prudent policies by utilizing maximum available resources.Iftikhar Malik who is also central Chairman United Business Group, largest alliance of chambers and associations in the country said this while talking to media after marathon meeting with President
(Pakistan Point News / NNI - 20th February, 2019) Senior Vice President SAARC Chamber of Commerce and Industry, Iftikhar Ali Malik Wednesday said President of Pakistan Dr Arif Alvi assuring a high level 25 members traders delegation said the PTI attached great importance to business community across the board and is fully committed to expedite the economic growth and export oriented prudent policies by utilizing maximum available resources.Iftikhar Malik who is also central Chairman United Business Group, largest alliance of chambers and associations in the country said this while talking to media after marathon meeting with President.
He said President in an interaction with delegation said that the government is pursuing policies to promote wealth creation in the country besides facilitating businesses for increasing exports and reducing trade deficit.He said the President further said that the government has initiated fundamental reforms to restructure the economy and strengthen domestic industry and special attention was being given to facilitate Small and Medium Enterprises (SMEs) while more facilities would be provided to the exporters.
Daroo Khan Achakzai said the business community fully reposed the confidence on the incumbent government and the recent visit of Saudi Crown Prince Muhammad bin Salman was a big success for Pakistan as the message had been conveyed to the world that our country is safe haven for foreign investment.He said that they apprised the President of Pakistan of their all support if India initiated any aggression against Pakistan. He said they are united and committed to defend their country.
However; he condemned India for its war rhetoric and termed it devastation for the prosperity of the region.He said Prime Minister Imran Khan gave hope to the nation and a viable roadmap of his envisioned new Pakistan.Ishtiaq Baig said the government and business community should come forward for countrys betterment as the cost of doing business and trade was a serious concern of business community. Efforts should also be made to promote exports, encourage further foreign investment other than Saudi Arab and China and stimulate economic activity in the country, he added.
He opined that high tariff and taxes were affecting the countrys balance of trade for which drastic and corrective measures were need to do away with economic challenges.Malik Sohail Hussain said efforts would be made in order to resolve all issues of business community relating to tax, regulatory duty, customs, smuggling refund and rebate, starting business and high cost of doing business. He termed the payment of long outstanding refunds as positive, which would definitely help to accelerate industrial pace in the country.
Zubair Tufail former federation chief , said the government should devise a comprehensive strategy to counter the issues in order to accelerate the industrial pace, he maintained. Pakistani exports were under pressure due to prevailing economic financial and industrial crisis in the country, he continued.Business delegation includes FPCCI President Engineer Daroo Khan Achakzai, SV Ishtiaq Baig, Chairman Co-ordination Committee FPCCI Malik Sohail Hussain, all Vice Presidents Abdul Rauf,Muhammad Ejaz Abbasi,Qarban Ali Khan,Haji Iftikhar,Muslim Muhammadi,Arshad Alam,Abdul Waheed, Mian Waqar Ahmad besides former-FPCCI presidents Zubair Tufail, Ghanzanfar Bilour , Mian Muhammad Idrees, and others called on Dr Alvi to discussed issues pertaining to business community. NNI
