Last update: Mon, 08 Feb 2016 04am

KCCI nominates Makda for WCF body polls

The Karachi Chamber of Commerce and Industry (KCCI) has nominated Junaid Esmail Makda as its representative in the World Chambers Federation (WCF) General Council 2014-16 election being held by the end of current month. International Chambers of Commerce-Pakistan (ICC-Pakistan) represents the International Chamber of Commerce that includes WCF, which is ICCs worldwide network of chambers of commerce.

ICC works closely with United Nations, the world trade organization and inter-governmental forum's including G20. Its global network comprises over 6 million companies, chambers of commerce and business associations from more than 130 countries.

ICC national committees work with their members such as the KCCI to facilitate and address their concerns both nationally and internationally.

To enhance international interaction, that KCCIs affiliation with ICCs world chambers federation, had resulted in its former President, Abdul Majeed Haji Mohammad, election to the WCF general council 2010-2013.

Talking to Business Recorder, Junaid Esmail Makda thanked KCCI for sending his nomination as its representative in WCF General Council 2014-16

He said that KCCI is the first chamber of Pakistan which was affiliated with the ICC and WCF.It is also a distinction that KCCI holds representation in the General Council of WCF. He said that the new government has committed to restore peace and resolve energy crisis to attract the local and foreign investments.

He said Pakistan is emerging as one of the fastest growing economy in the region. Regardless of the fact that it has been recurring colossal losses due to its role as the frontline state in the war against terror, external threats to security, law and order situation across, energy crisis yet the business and industrial community of Pakistan is surviving and facing courageously all the challenges.

Nevertheless, Pakistan remains the centre of attraction for international business community and investors because Pakistan offers most profitable investment returns in the region, he added.

Copyright Business Recorder, 2013