KARACHI: The Employers Federation of Pakistan (EFP) is trying to find out solution for issues related to industrial laws.

EFP President Majyd Aziz in a meeting with members of the Korangi Association of Trade and Industry (KATI) on Wednesday, observed that the export-oriented industries were facing tough time amid sharp increase in imports.

He said that the social security laws have overburdened industries making their products uncompetitive on the world markets.

He lamented that issues related to infrastructure, utilities including social and environment compliances need urgent attention, but unfortunately nobody at government level was ready to resolve them.

Mr Majyd said the federation was trying to find an out-of-the-box solution for these issues which could bring a paradigm shift in industrial activities and help enhance efficiency and also improve competitive edge in the world markets.

“All stakeholders are being consulted to reach a consensus so that ministries and departments could easily be convinced for resolving the issues related to industrial laws,” he added.

Kati President Masood Naqi said that the industrial sector was the second largest employment provider, but still there was no recognition at the government level which was one of the major factors that there was slow investment in industry related activities.

Published in Dawn, March 23rd, 2017