BMP opposes move to extend FPCCI president's tenure

Chairman Businessmen Panel (BMP) Mian Anjum Nisar said the business community will never accept extension or revised the time of the tenure for the President of the Federation of Pakistan Chambers of Commerce and Industry. He said President FPCCI is appointed for one year as per the trade organisations ordinance but leaders of the United Business Group (UBG) who were ruled in the apex trade body are trying to extend the term of two to three years for which relevant laws would need to be amended from the National Assembly of and Senate of Pakistan.
Anjum Nisar said currently Balochistan, Khyber Pakhtunkhwa and Federal Area (includes Gilgit Baltistan and AJK) get the slot of president FPCCI after seven years as per rotation and if the rules will be changed according to wishes of a few businessmen, then small provinces would get chance to become president FPCCI after twenty-one years which is exploitation and injustice towards them. "He termed this move is against the basic rights of over two hundred chambers of commerce and trade association across country".
He further briefed in trade bodies we followed the certain pattern for elevation of businessperson till apex trade body; like one person first start his/her career from local chamber as a Executive Committee Member, then elevated as VP and then President of the concerned chamber, after that he will be nominated for the affairs of FPCCI as an apex trade body of the country. However he, noted that UBG came to power promising a change but it has disappointed business community due to compromising on every issue, misuse of funds and efforts aimed at personal welfare. The repute of FPCCI has been damaged to an extent that now the government ignores this institution in every important meeting regarding improvement in the economic situation.
He said that a standing committee on the senate for Commerce and Textile with eleven Senators as its members will meet on September 11th to review the FPCCI proposal of extending tenure of its President; which if accepted will result a huge disappointment in the circles of the business community of small provinces which were already reeling under inflation and taxation issues.
Chairman BMP also demanded that this year FPCCI Election Commission members should be neutral and this year two of members may be approved in the commission which shall be nominated by opposition group in the coming executive committee meeting of the Federation; so that level playing field may begin from the first day.