LAHORE: The Lahore and Karachi chambers of commerce and industry on Tuesday decided to make joint efforts for the cause of trade, business and economic promotion.

The decision was taken in a meeting between LCCI President Mian Tariq Misbah and KCCI President Shariq Vohra at the Lahore Chamber.

The chambers agreed to work together for settling issues with the Federal Board of Revenue and ensure their representation on economic policy making at all level. The chambers agreed that trade and investment policies should be for 10 to 15 years.

On the occasion, it was announced that the LCCI will take Karachi Chamber on board regarding the business and investment conference in Gwadar City scheduled in the last week of January or first week of February.

It was agreed that the chambers would keep an eye on trade and investment opportunities and ensure their timely exchange besides sharing their economic research work.

Misbah said collaboration between the two chambers would go a long way and help business community of Lahore and Karachi to find new destinations for trade & investment.

Vohra said the harmony between KCCI and LCCI would give further boost to the inter-chamber interactions. He highlighted that Karachi was a hub of quality products and offer matchless opportunities for both local and foreign investors.

LCCI Senior Vice President Nasir Hameed Khan and Vice President Tahir Manzoor Chaudhry also spoke at the event. Executive Committee Members Haji Asif Sehar, Ali Afzal, Saleem Asghar Bhatti and Malik Riaz Iqbal were also present at the meeting.

Published in Dawn, January 6th, 2021

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