Islamabad
Pakistan Tehreek-e- Insaf (PTI) Vice President, Fehmida Kausar Jamali has congratulated veteran trade leader Iftikhar Ali Malik for assuming the charge as the new President of the SAARC Chamber of Commerce and Industry (SAARC CCI). In a felicitation statement on Wednesday, she said Iftikhar Ali Malik has an extensive exposure in the Asia Pacific region and it is very much likely under his tenure Pakistan may be taken strong footage in the SAARC region in the account of regional trade. Fehmida Kausar said that the South Asian countries commonly feature high concentration of economic activity in larger cities, vast untapped potential and excellence in apparel industry, struggle in attracting investment within the region, less participation in products of high value and ICT – the world largest and fastest growing industry, limited success in global and regional value chain, low productivity coupled with weak management capabilities. As a way forward, SAARC CCI has a pivotal role to play under the stewardship of Iftikhar Ali Malik in narrowing down difference of opinion of south Asian chambers, bringing the much-needed reconciliation, policy advocacy and lobbying through deeper understanding among members.—INP