Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Friday criticised Senator Ilyas Ahmed Bilour statement regarding appointment of administrator in the country's apex trade body. In a press release issued here, FPCCI spokesman said that appointing administrator in the FPCCI was an undemocratic demand.
Bilour criticised FPCCI for opposing the new trade law, the spokesman said and added that the regulations and complex requirements of the new trade law will force the chambers and commerce in small cities to close down.
"FPCCI does not want any chamber, irrespective of its size which meets the corporate requirements under the companies act is closed down," the spokesman said.-PR