ISLAMABAD: United Business Group (UBG) leadership has restored the image of business community with the government, it has tried to solve most of the problems being faced by the local business community and will continue efforts for promoting trade and business activities in the country.
In a statement on Sunday UBG Chairman and Vice President of SAARC Chamber of Commerce and Industry Iftikhar Ali Malik said
that UBG would launch third round of nationwide election campaign for forthcoming annual elections of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) from Ist week of December.
He said that UBG had gained enormous support from different chambers across the country and geared up electioneering despite this fact that their rivals miserably failed to gain trust of business community.
Iftikhar Ali Malik said that only democracy prevailed in trade politics and good reputed businessmen with integrity and dedication had been nominated with consensus for presidential seat so that they could contribute to image building of FPCCI and resolved issues of the business community.
He said that after the success, new leadership of FPCCI led by Ghazanfar Bilour would focus on energy, trade and investment and law and ordered to drive desired economic results.
“Pakistan, like other developing countries of the region, is facing growing energy demand dilemma and the private sector will have to work hard to exploit all resources to bridge the demand”, he added.
He said that the UBG and FPCCI would urge the government to expedite work on new water reservoirs to overcome the water shortage.
Talking about ongoing economic scenario, he said that tightening of belt was a must to wear off the intensity of economic challenges. He said that inflation could easily be tackled by increasing production and cutting unnecessary expenditures
