The Lahore Chamber of Commerce and Industry on Wednesday inked a Memorandum of Understanding (MoU) with Rahimyar Khan and Gujrat chambers of commerce and industry to make joint efforts for the cause of business community and enhancing trade and economic activities.
LCCI President Abdul Basit, President Gujrat Chamber of Commerce & Industry Sheikh Abrar Saeed and President Rahimyar Khan Chamber of Commerce & Industry Chaudhry Muhammad Shafiq inked the Memorandum of Understanding on behalf of their respective organisations.
Under the MoU, the chambers would evolve a unified strategy on the issues of common interest, share and exchange all trade-related data with each other for increasing competitiveness of goods and reducing cost of doing business. The Lahore Chamber, Rahimyar Khan and Gujrat chambers of commerce and industry will cooperate in preparation of proposals for excise and taxation matters, budgetary recommendations and other national policies. The chambers would conduct joint research studies to strengthen industries in their respective areas.