KARACHI: United Business Group (UBG) and Businessmen Panel (BMP) have congratulates Iftikhar Ali Malik and Senator Haji Ghulam Ali, a veteran trade leaders who took over as the new president and vice president of the SAARC Chamber of Commerce and Industry (SAARC CCI) for the two years term.
Congratulating Malik, UBG leaders S M Muneer, Zubair Tufail, Gulzar Feroz, Khalid Tawab, Mian Idrees and other expressed confidence that Iftikhar Ali Malik and Haji Ghulam Ali as president and VP of SAARC Chamber respectively, would play a significant role in strengthening the bilateral trade relations between all the countries of the region.
They said it was an honor for the UBG that Iftikhar Ali Malik has become the president of SAARC Chamber as he was our Group chairman.
They expressed that they are confident to strengthen Pakistan's trade with SAARC countries and increase Pakistan's share in the regional export market.
BMP chairman (Federal) Riaz Khattak said both persons have an extensive exposure in the Asia Pacific region and it is very much likely under there tenure Pakistan may be taken strong footage in the SAARC region in the account of regional trade.
He said South Asian countries commonly feature high concentration of economic activity in larger cities, vast untapped potential and excellence in apparel industry, struggle in attracting investment within the region, less participation in products of high value and ICT - the world largest and fastest growing industry, limited success in global and regional value chain, low productivity coupled with weak management capabilities.
BMP secretary general (Federal), Ahmad Jawad said SAARC CCI has a pivotal role to play under the stewardship of Iftikhar Ali Malik and Haji Ghulam Ali in narrowing down difference of opinion of south asian chambers, bringing the much-needed reconciliation, policy advocacy and lobbying through deeper understanding among members.
Copyright Business Recorder, 2020
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