LCCI, EFOP sign MoU to build dependable relationship

The Lahore Chamber of Commerce and Industry (LCCI) and Employers Federation of Pakistan (EFOP) have signed a memorandum of understanding (MoU) to build a dependable, pragmatic and advantageous relationship. The LCCI President Malik Tahir Javaid and President Employers Federation of Pakistan Majyd Aziz signed the memorandum on behalf of their respective organizations. LCCI Senior Vice President Khawaja Khawar Rashid, Executive Committee Members and Vice President of EFOP Zaki Ahmed Khan were also present on the occasion.
Speaking on the occasion, Malik Tahir said the agreement between the two organizations is an important breakthrough. It will help establish friendly and cordial relations between the two organizations through an increased cooperation mode among the industrialists, businessmen and entrepreneurs of their respective organizations.
He said that LCCI would enhance growth in interaction with Employers Federation of Pakistan. Both organizations will make joint efforts to focus mutual cooperation for increasing membership by capitalizing on the opportunities of engaging them intensively in issues of common interests.
The LCCI President said it is imperative that there should be maximum dissemination of information that can lead to further increase in bilateral relationship between the industrialists, businessmen and entrepreneurs. Coordination between LCCI and EFOP will also help promote joint ventures, initiate partnership, provide technical expertise and introduce joint project possibilities, he said.
He said that LCCI and EFOP would work together to dispel negative perceptions about industrial issues and attract investment. It would also make efforts to remove bureaucratic bottlenecks, he added. EFOP President Majyd Aziz welcomed the agreement between the two organizations and said EFOP is providing a forum to the employers of Pakistan to progress in the global society through decent work and better human resource management while keeping in view the corporate social responsibilities.
EFOP is also striving for industrial peace, harmony, poverty reduction and business promotion. The Federation peruses policies and legislation conducive to investment, economic growth, employment generation, decent wages and keeping peace with socio-economic development of country, he said.