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Faheem Saigal becomes Convener of FPCCI’s Standing Committee on Customs Intelligence

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LAHORE – President of the Federation of Chambers of Commerce & Industry Mian Anjum Nisar has appointed former LCCI Vice President Faheem-ur-Rehman Saigal as Convener of FPCCI Central Standing Committee on Custom’s Intelligence.

The responsibility has been given to former LCCI Vice President while keeping in view his vast experience and services for the cause of business community.

Faheem Ur Rehman Saigol thanked Mian Anjum Nisar and said that he would try his best to make the FPCCI’s committee fully functional.

He said that issues being faced by the business community will not only be identified and will be informed to

the government, but suggestions will also be given after consultation with all stakeholders.

Closure of Major Markets Because Of Cricket Match, A Big Economic Blow To The Businessmen

Closure of major markets of the city because of cricket match would be a big economic blow to the businessmen therefore government should devise a plan to avoid loss to the trade and economic activities. One day closure of liberty and other surrounded markets causes a loss of Rs.21billion to the trade and economic activities.

These views were expressed by the LCCI President Irfan Iqbal Sheikh and Vice President Mian Zahid Jawaid Ahmad while addressing a Press Conference at the Lahore Chamber of Commerce & Industry on Tuesday. Former presidents Bashir A. Baksh and Sohail Lashari were also present.

The LCCI office-bearers were of the view that revival of international cricket in Pakistan is a healthy sign and would highlight the soft image of the country but trade and economic activities have equal importance therefore government should make a plan in consultation with the stakeholders to hold the sports event without affecting the trade and economic activities.

They said that sports revival in Pakistan is an ample proof of the reality that Pakistan is a peaceful and safest country. They said that the Lahore Chamber and the business community support efforts of the government aimed at highlighting the soft image of Pakistan’s but it is also important that business activities should not be damaged.

They said that during the cricket matches in recent past, Liberty and other markets and restaurants adjacent to Gaddafi Stadium Lahore were ordered to remain closed, which resulted in significant loss of business activities, not only to the traders but to the daily wagers.

The LCCI office-bearers said that a few PSL matches are scheduled to be held in Gaddafi Stadium during the next month. They said if the markets will be closed even during those matches also, the consequences would be worse. The business community and those earning daily wages will face further financial losses.

They said the business community is ready to cooperate with the government to ensure all necessary security measures during these matches, but they also want that the adjacent markets and restaurants should not be forced to remain close because this will create the impression that the security conditions are not normal yet in the country.

The LCCI office-bearers said that state-of-the-art luxurious hotel should be built as soon as possible within the premises of Gaddafi Stadium Lahore for the guest Cricket teams. As it is the only solution to address all the concerns.

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