KARACHI: Malik Khuda Bakhsh, member of the Core Committee of the United Business Group (UBG), Chairman of the Pakistan Petroleum Dealers Association (PPDA) has said that, under the prevailing economic circumstances, the business community is facing major challenges, including high energy costs, rising production expenses, the need to promote investment, and the expansion of trade and commercial activities.
In this context, the nomination of an experienced and dynamic business leader like SM Tanveer for the FPCCI presidency is an important development. He expressed hope that SM Tanveer would utilise his visionary leadership and capabilities to take effective measures to address traders’ concerns, promote industrial growth, and create a business-friendly environment.
Welcoming UBG’s unanimous nomination of SM Tanveer for the post of President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and extended his heartfelt congratulations to him. He said that SM Tanveer’s nomination not only reflects recognition of his outstanding leadership qualities, exceptional dedication, and valuable services to the business community, but is also a matter of pride for traders and industrialists across the country.
Malik Khuda Bakhsh said that SM Tanveer enjoys a prominent position owing to his extensive experience in the trade and industrial sectors, strong connections with business circles, and practical efforts to resolve business-related issues. He said UBG leadership’s unanimous decision demonstrates its confidence that SM Tanveer will effectively represent the business community, highlight its concerns at the national level, and play a meaningful role in resolving them.
He said that the Pakistan Petroleum Dealers Association represents a nationwide network of 14,000 petroleum dealerships and believes in working alongside the wider business community to achieve sustainable economic growth, business stability, and national prosperity.
He reaffirmed that the PPDA would continue to play its role in strengthening constructive and mutually beneficial relations with the FPCCI and other business organisations while safeguarding the collective interests of the business community.
Copyright Business Recorder, 2026