LAHORE: More meaningful role of the Lahore Chamber in policy corridors and ensuring a good business atmosphere, boost in exports and healthy relations between public and private sectors would be top priorities of the Lahore Chamber of Commerce & Industry during the year to come.
These views were expressed by the LCCI newly elected President Ifran Iqbal Sheikh, Senior Vice President Ali Hussam Asghar and Vice President Mian Zahid Jawaid Ahmad while speaking at the Annual General Meeting of the Lahore Chamber of Commerce & Industry.
Outgoing President Almas Hyder, Senior Vice President Khawaja Shahzad Nasir and Vice President Faheem-ur-Rehman Saigal also spoke on the occasion while former office-bearers, Executive Committee Members and a large number of businessmen were present on the occasion.
The LCCI new office-bearers said that exploration of new markets for Pakistani products and reduction in cost of doing business would also be the targeted areas.
They said that government and private sector are vital for each other and they cannot run alone. Government must develop policies conducive for business environment and address genuine issues of the business community. They said that business community is driving force of the economy but it cannot play its due role for economic wellbeing of the country while carrying huge load of problems.
The LCCI office-bearers said that there is an urgent need to reform the taxation system by engaging all the stakeholders. They also called to get rid of the double taxation system that is hampering the trade and economic activities in the country.
They said that some areas are needed to be focused particularly to boost the economy of the country. They said that the Lahore Chamber of Commerce & Industry will play a proactive role as a think tank and will give reality-based suggestion to the government.
