LAHORE: Three-day Second LCCI OIC Ambassadors’ & Trade Conference, scheduled for April 11-13, is going to give a considerable boost to trade among all the OIC member countries as it would help identify impediments and suggest remedies to ensure smooth flow of merchandise.
Second LCCI OIC Ambassadors’ & Trade Conference is being arranged by the Lahore Chamber of Commerce and Industry in collaboration with Ministry of Foreign Affairs, Punjab Board of Investment and Trade (PBIT) and Pak-Turk Businessmen Association (PTBA).
The conference would be inaugurated by President of Pakistan Mamnoon Hussain while Governor Punjab Chaudhry Muhammad Sarwar, Chief Minister Punjab Mian Muhammad Shahbaz Sharif, Federal Minister for Commerce Khurram Dastgir Khan, Advisor to Ministry of Foreign Affairs Syed Tariq Fatemi, LCCI President Engineer Sohail Lashari, Senior Vice President Mian Tariq Misbah and Vice President Kashif Anwar, Chairman OIC Committee Husnain Reza Mirza and Co-Chairman Mehmood Ghaznvi would throw light of prospects of business growth among the OIC countries.
The Ambassadors of OIC countries, their commercial attaches, sector-specific experts, top businessmen, parliamentarians, foreign ministry officials and banking sector heads would speak on the issues coming in the way of trade and SMEs development in Islamic countries.
Business-to-Business (B2B) meetings among the businessmen dealing in auto-parts, carpets, chemical, pharmaceuticals, construction, household appliances, leather, plastics, plastic goods, textile & textile made-ups, agriculture, food, mines and minerals would also be held during the three days of proceedings of this mega event.
In the technical session the problems being faced by the banking sector, SMEs and women entrepreneurs would be highlighted and their solution would be suggested.
In the light of proceedings of the three-day Conference a Declaration would be prepared and circulated among all the stakeholders.
The LCCI President Engineer Sohail Lashari said that the Lahore Chamber of Commerce and Industry was making extraordinary efforts to infuse new energy into the OIC and create realisation among Muslim countries that they could overcome their weaknesses by pooling their resources and sharing their respective strengths in different sectors of the economy.
He said that although the business volume among the OIC countries has shown a little rise but in no conformity with their respective potential and one of the major reasons was lack of interaction among the businessmen of these countries.
Engineer Sohail Lashari said that smooth flow of trade related information was one of the objectives of the conference where the policy-makers and the stake-holders would be meeting under one roof.
He said that the Conference-2014 is sequel to First LCCI Ambassadors Conference held at Bhurban in 2012 and the theme of both the events was creation Common Muslim Market and development of Small and Medium Sector could a stepping stone in this regard.
KARACHI: A 100 basis points system (bps) cut in Discount Rate (DR) by State bank of Pakistan (SBP) ...