Lahore, Sialkot chambers to conduct joint studies

Agree to share trade data, send proposals for federal budget

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) and Sialkot Chamber of Commerce and Industry (SCCI) have agreed to make joint efforts for the promotion of trade and industry.

The decision was taken in a meeting between LCCI Acting President Amjad Ali Jawa, Vice President Nasir Hameed Khan and an SCCI delegation, led by Executive Committee member and Standing Committee on Martial Arts & Fitness Chairman Zaeem Raza.

It was agreed that both the chambers would evolve a unified strategy based on common interests, according to a statement released after the meeting.



Both the chambers would also share and exchange all trade-related data for increasing the competitiveness of goods and reducing the cost of doing business.

They would cooperate in the preparation of proposals for economic expansion of the country and would undertake joint research studies to help develop industries in Lahore and Sialkot.

Jawa said both the chambers would present joint proposals to the federal government before budget finalisation, adding efforts would also be made for attracting investment in special economic zones.

The LCCI vice president said the LCCI had already signed memoranda of understanding with the chambers of Faisalabad, Rawalpindi, Bahawalpur, Sahiwal, Sargodha and Khyber-Pakhtunkhwa.

SCCI delegation head Zaeem Raza said collaboration between the Sialkot and Lahore chambers would go a long way towards resolving the issues being faced by the business community.

He stressed the need for increasing exports for economic growth of the country.

Published in The Express Tribune, August 20^th, 2017.

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