ISLAMABAD - Islamabad Chamber of Commerce and Industry President Zafar Bakhtawari on Saturday demanded of the government to execute balanced Rent Control Act in Islamabad that would resolve the rental issues of traders of the federal capital.

Talking to the president of Traders Welfare Association G-9 Markaz, Zafar Bakhtawari said that traders of federal capital were facing many problems, which should be resolved on priority basis by the government. He said that a balanced Rent Control Act in Islamabad would greatly reduce and resolve the rental issues of traders. He said that in the absence of a balanced Rent Control Act in Islamabad, frequency of disputes was rising day by day and the business community was feeling insecure in such environment. He said Islamabad Chamber has struggled a lot in bringing changes in the Rent Control Act after consultation with the all stakeholders and representatives of the business community. He said that with the efforts of ICCI, document of a balanced rent control act has reached the parliament, Thus, government should execute this law in the larger interest of the traders, he added.

During the meeting, Ikhlaq Abbasi, president Traders Welfare Association G-9 Markaz, said that there market is a great trading center but it has been facing different issues since long.

Munawar Mughal, former president ICCI, said that these interactions provided us opportunity to discuss problems being faced by the traders of different sectors and highlighted the same at relevant forums for resolving them.