ISLAMABAD: Federal Commerce Minister Syed Naveed Qamar on Thursday expressed his determination to overcome the challenges faced by the business community and assured the government’s full support in this regard.
He expressed these views in a meeting with delegations from different chambers of commerce and industry. The chambers include Peshawar Chamber of Commerce and Industry, Mandi Bahauddin Chamber of Commerce and Industry, Haripur Chamber of Commerce and Industry and Gujranwala Chamber of Commerce and Industry.
The Minister assured that he had overcome the problems encountered by the small chambers, in particular the question of their composition.
Syed Naveed Qamar said the government believes in facilitating the business community through its business-friendly policies.
The Mandi Bahauddin Chamber of Commerce and Industry delegation was led by its President Syed Haider Raza Naqvi while the delegation included Vice President Mian Zahid Jameel Patiala, Executive Members Capt (retd) Taimur, Hanif Shahid Gujjar and others.
Chamber Mandi Bahauddin suggested the Minister to provide an additional incentive from the increase in exports which is above their average exports over the past year, which the Minister promised to work on.
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The Peshawar Chamber of Commerce and Industry (PCC&I) delegation was led by its President. Khalid Farooq Malik while other members include former KP minister Agha Syed Zahir Ali Shah, former senator Haji Ghulam Ali, Peshawar chamber group leader Malik Mehar Elahi, former PCCI chairman Shakeel Saraf, Senior Vice President Haji Waheed and others. During its meeting, PCC&I briefed the Minister on the problems faced by the small chambers in the country. Points to improve the quantum of trade with neighboring countries of Iran and Afghanistan were also discussed.
Haripur Chamber of Commerce and Industry (HCCI) delegation was led by its President Muhammad Saleem Awan while other members included Senior Vice President Sher Afgan Malik, Vice President Umair Khalid, former President HCCI Sheikh Muhammad Ilyas and others.
The HCCI in their meeting highlighted the issue of tax relief in FATA and PATA areas but said they should be required to sell their products in their area and not in the inhabited area. The Minister informed that there is only one year left for the concession granted to them.
The HCCI asked the Minister for the allocation of funds for the R&D sector for the HCCI, whereupon the Minister referred the matter to the Export Development Fund (EDF).
Representative of the Gujranwala Chamber of Commerce and Industry, Ali Hamayun Butt, along with the leaders of the Chamber also discussed the issues related to the import margin on scraping. Whereupon the Minister assured the delegation to resolve the issues facing the industry as soon as possible.
Copyright Business Recorder, 2022