Observer Report
Karachi
Mian Anjum Nisar, President Federation of Pakistan Chambers of Commerce and Industry said that Pakistan’s narrative should be supported by all segments to build image of Pakistan as moderate and investment friendly destination.
During the meeting with Dr. Moeed Yusuf Special Assistant to the Prime Minister on National Security and focal person for Economic Outreach program President FPCCI discussed various avenues of economic prosperity and also highlighted some issues confronted by trade and industry of Pakistan. For Economic Outreach Program he offered full cooperation of FPCCI and informed that being the national apex institute of the private sector in Pakistan, FPCCI has its vast outreach at national and international levels and was strongly connected with all leading economic and trade blocs.
FPCCI advisory and thematic committees could be instrumental to achieving vision of the Prime Minister for Economic Outreach.
Mian Anjum Nisar while presenting suggestion for Economic Outreach Program also highlighted some issues that are affecting industrial growth and economic development of the country. He said that our competitors, due to better level playing field have attracted huge investment and have penetrated in the world leading export markets. While we are still advocating to remove basic hurdles such as expensive and interrupted energy supply. Tariffs and duties on basic raw materials for exports-oriented industry. Insufficient production of agricultural products which are input material of industry such as cotton etc. inadequate infrastructure to support cross borders trade particularly availability at ports.