All possible measures to boost trade


STAFF REPORTER IS LAMABAD Adviser to the Prime Minister for Commerce, Mr. Abdul Razzaq Dawood has said that the government will take all possible measures to boost exports. He also promised to review a grant of Rs. 100 million for the building of the SAARC Chamber of Commerce & Industry. He expressed these views today in Islamabad during a meeting with a delegation of United Business Group, which included Mr. S. M. Muneer, Iftikhar Ali Malik, Abdul Rauf Alam, Zubair Tufail, Khalid Tawab, Sohail Altaf, Asad Mashhadi, Zafar Bakhtawari and Malik Sohail Hussain. Speaking on the occasion, Mr. S. M. Muneer, said that unless export tax refunds are paid to the business community, Pakistan’s exports cannot be boosted, therefore export tax refunds for the promotion of business activities should be paid expeditiously. Iftikhar Ali Malik, President of the SAARC Chamber of Commerce & Industry demanded a government grant of Rs. 100 million for the building of the SAARC Chamber of Commerce & Industry, responding to which Adviser to PM for Commerce, Abdul Razzaq Dawood promised to play his sympathetic role. Former President FPCCI, Zubair Tufail said that 2% income tax has been imposed on the import of plant & machinery which should be abolished. Speaking on the occasion, Mr. Sohail Altaf, Group Leader Rawalpindi Chamber of Commerce, said that vehicles manufactured in Pakistan should be allowed to be exported to other countries. Zafar Bakhtawari, former president of the Islamabad Chamber of Commerce & Industry, said that the office of the Director General of the Trade Organization has been lying vacant for a long time, therefore the DG Trade Organization should be appointed immediately. In addition to that, Khalid Tawab said that the election tenure of all the chambers of commerce of the country and the Federation of Pakistan Chambers of Commerce is already one year and it should not be extended any further.

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