Charter of Economy needed to ensure long-term business policies: President ICCI

ISLAMABAD: President, Islamabad Chamber of Commerce and Industry (ICCI) Ahsan Zafar Bakhtawari has stressed that all political parties should agree to sign a Charter of Economy in order to ensure long-term business and economic policies that would help attract local and foreign investment, facilitate the growth of trade and industrial activities, boost exports and revive the economy.

This was stated by him while addressing a reception hosted in his honor by Sardar Yasir Ilyas Khan, former President ICCI and CEO Centaurus Mall, Islamabad on Friday. The prominent business leaders of the twin cities including representatives of various trade unions/ trade associations like All Pakistan Anjuman-e-Tajiran, Anjuman-e-Tajran Rawalpindi, Markazi Anjuman-e-Tajran, and members of business community were present on the occasion.

Ahsan Zafar emphasized that the government should formulate a 10-year economic policy that would help the business community and the investors to make long-term business and investment plans in Pakistan. He further urged that all political parties should present their economic manifestoes to give a clear direction to the business community about the future economic outlook of the country.

Speaking on the occasion, former ICCI President Sardar Yasir Ilyas Khan stressed that the prominent business figures from the twin cities should be included in the Special Investment Facilitation Council to represent the voice of the business community in its decision-making process.

Khalid Iqbal Malik Group Leader ICCI urged that all economic policies should be formed in consultation with the private sector that would improve the confidence of the business community and investors ultimately leading to the better revival of the economy.

Saqib Rafique President Rawalpindi Chamber of Commerce & Industry, Ms. Rizwana Asif President Islamabad Women Chamber of Commerce & Industry, Sohail Altaf Group Leader RCCI, Sardar Tahir Mehmood President Federation of Realtors Pakistan, Dr. Rashid Ilyas Khan, Ch. Nadeem ud Din and others also spoke on the occasion. They emphasized that the government should take measures to stabilize the local currency, bring down the dollar rate, increase exports, reduce tariffs, and improve the ease of doing business in the country that would help revive the economy.

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