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LCCI’s Ali Ashgar Says Export-led Growth a Must For Economic Stability

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LAHORE– Policy advocacy, export-led growth and meaningful partnership between the government and business community are top priorities of the LCCI as this is right recipe for economic development.

This was stated by the LCCI Senior Vice President Ali Hussam Asghar while addressing the delegation of 28th Mid Career Management Course from the National Institute of Management (NIM), Islamabad.

LCCI Vice President Mian Zahid Jawaid Ahmad and Executive Committee Members also spoke on the occasion.

Ali Hussam Asghar said that being premier chamber of the country, LCCI is trying to act as an economic booster. Its budget proposals, liaison with the Federal and Provincial Government Departments on micro/macro economic issues, seminars, workshops and conferences for the members, trade fairs, exhibitions and business delegations are supporting the present regime in its endeavors aimed at economic revival of the country.

The LCCI Senior Vice President said that export-led growth is the only solution to the major economic issues being faced by the country. He said that Free Trade Agreements with the regional countries, Central Asian States, Middle East States and African countries can give a quantum jump to the national exports.

He emphasized the need for developing regional trade, product specific and target oriented marketing strategy. He said that new markets and new products should be explored to reduce country’s dependence on few commodities and countries.

Ali Hussam Asghar informed the NIM delegation that the Lahore Chamber of Commerce & Industry and declared “Export Emergency” in the LCCI and established an Export Facilitation Center. He said that export-oriented delegation would be arranged.

The LCCI Senior Vice President said that Pakistani trade mission abroad should encourage joint ventures between Pakistani businessmen and their counterparts in other countries as it would not only help boost trade but would also bring modern technologies to the country.— LAHORE MIRROR