KCCI for Joint Chambers to Tackle Business Issues

News Desk

ISLAMABAD: The Karachi Chamber of Commerce and Industry (KCCI) President Talat Mehmood has advocated for the establishment of a joint platform comprising five to six major chambers across Pakistan to collectively address pressing business and industrial challenges.

Speaking at a meeting hosted by the Islamabad Chamber of Commerce and Industry (ICCI) on Wednesday, Mehmood emphasized the need for a united front to amplify their concerns to the government.

Mehmood noted that individual representations often fall short of achieving meaningful results, whereas a consolidated approach would enhance their influence.

He commended ICCI President Mohammad Zikria Akbar Zia for his efforts in uniting leading chambers and extended an invitation for him to visit Karachi to further strengthen collaboration.

Highlighting the economic hurdles facing Pakistan, Mehmood pointed out that the country’s exports are approximately $30 billion, while remittances stand at around $41 billion.

He warned against an over-reliance on remittances and urged the government to implement policies that incentivize overseas Pakistanis to invest domestically, thereby bolstering local economic activity.

Looking ahead, Mehmood proposed that the new forum convene monthly on a rotational basis to ensure ongoing dialogue and action on critical issues.

This initiative aims to foster a more robust business environment and facilitate the resolution of common challenges faced by the chambers.