RAWALPINDI: The three-day Gems, Jewelry and Fashion Exhibition organized by the Rawalpindi Chamber of Commerce and Industry (RCCI) will be held from May 20 to 22 at the Serena Hotel, Islamabad. The major aim of the exhibition is to encourage local traders and industrialists to take up the non-conventional sector like gemstone business. The only solution to the current economic uncertainty is in the Charter of Economy. All political parties should sign the Charter of Economy, said Nadeem Rauf, President, Rawalpindi Chamber of Commerce, while talking to reporters in the Chamber along with Sohail Altaf, Group Leader, Fayyaz Qureshi, Chairman Expo, and Sheikh Asif Idrees, President, Small Chamber.
He said that although the current economic situation of Pakistan and the environment is vague and down, However, the business community and the Rawalpindi Chamber believe that trade activities should be continued in one form or another.. He said that India’s annual gems and jewelery exports amount to more than 40 billion dollars while in Pakistan it is only close to 24 million dollars.
Responding to a question, Group Leader Sohail Altaf said that the business community is deeply concerned over the current economic and political uncertainty. He appealed to all political parties to think of the country beyond political affiliation. Group Leader Sohail Altaf said that all political parties should sign the Charter of Economy. Dollar is out of control, the stock market is stagnant, no clear direction has been given by the government yet, if tough decisions are to be taken regarding petrol, diesel or IMF, then it should be taken immediately so that the uncertainty ends.
Chairman Expo Fayyaz Qureshi said that more than 50 stalls will be set up in the exhibition, exhibitors from all over the country are participating in the exhibition, conference and BTB meetings have also been arranged on the occasion of the exhibition.
Incentives should be given for James Sector, tax exemption should be given for setting up of modern machinery and testing lab, Expo Center should be set up in Rawalpindi Islamabad,
