OUR STAFF REPORTER

RAWALPINDI

A two-day All Pakistan Chambers’ President Conference would be organised at Bhurban Murree from February 9 to 10, 2015 to discuss the ongoing economic crunch in the country and the problems being faced by business community.

As many as presidents of 42 chambers including Federation of Pakistan Chambers of Commerce and Industry, Karachi chamber, Lahore Chamber, Sialkot chamber, Quetta chamber and KPK chamber would attend the conference. Moreover, the representatives of major political parties would also attend the conference.

This was informed by Rawalpindi Chamber of Commerce and Industry (RCCI) President Syed Asad Mushadi at a press conference here on Tuesday.

Asad was flanked by RCCI senior vice president Mian Humayun Parvez, former presidents and members’ executive committee.

Addressing the press conference, RCCI President said that the country was facing severe energy crisis but the government taking no serious steps to overwhelm the crisis. He said that in result the business community was suffering badly, he said. He said that in the conference the presidents of all the chambers would discuss the problems faced by the business community and announce joint declaration. He said that representatives from major political parties would also attend the conference.  Mushadi said that main agenda of the conference would be discussed the economic revival plan as it was on the top of list of the ruling party’s elections manifesto. However, the government was seemed not serious in acting upon the agenda.

“The business community cannot afford the delaying tactics and negligence on part of government,” he lamented. He said that if government would not pay attention to businessmen’s problem the rulers would have to face consequences. He said that there was uncertainty in the businessmen about the policies of the government and this time they come up with new plans.

Asad Mashadi said that it was perceived that PML-N was business friendly but unfortunately not a single friendly policy was witnessed during the 19 months of ruling party in power. He said that Foreign Direct Investment has in negative figures and country needs 1.5 million jobs every year, it could only be achieved if country increase it growth rate to 7 percent which was now around 3 percent.

He said that the law and order situation was feeble in the whole country in general and in Karachi in particular. He said that owing to deteriorating law and order situation country was facing loss amounting to billion of rupees.  RCCI President Syed Asad Mushadi said that all prevailing issues would be discussed in upcoming Conference and a joint declaration would also be announced there.