LCCI & KCCI agreed to work for cause of business community


Lahore: Lahore and Karachi Chamber of Commerce & Industry Wednesday agreed to work jointly for the cause of business community, promotion of regional trade, exploration of non-traditional global destinations and for the activation of Pakistan’s FTAs/PTAs with other countries.

The decision was made at a meeting between the LCCI Senior Vice President Mian Nauman Kabir and Senior Vice president of Karachi Chamber of Commerce & Industry Mohammad Ibrahim Kasumbi.

Both the Chambers also agreed to share their respective latest research reports for the common good of the business community.

Speaking on the occasion, the LCCI President Mian Nauman Kabir said that the strength of the private sector lies in unity therefore they should extend full support to each other on all economic issues and challenges.

He said that the Lahore Chamber of Commerce and Industry had already taken a number of steps to educate its members on GSP Plus to enable them to get maximum benefit out of this great opportunity.

Briefing about the LCCI Mediation Center, Mian Nauman Kabir said that the Mediation Center was established with active collaboration of IFC which was inaugurated in August 2012. It is only the beginning of systematic efforts needed for making consistent improvement in investment climate in the country. The business community of surrounding cities of Lahore can benefit from it in case they get into any commercial dispute either locally, nationally or internationally.

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