LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) and Bahawalpur Chamber of Commerce and Industry (BCCI) have inked a memorandum of understanding (MOU) to work together for the cause of trade, industry and economy.

LCCI President Irfan Iqbal Sheikh and President Bahawalpur Chamber Javed Iqbal Chaudhry signed the memorandum here Saturday while LCCI Vice President Mian Zahid Jawaid Ahmad, BCCI and LCCI other office bearers were also present on the occasion.

It was also agreed that both the chambers would evolve a unified strategy on the issues of common interests. Both the chambers would share and exchange all trade-related data for increasing the competitiveness of goods and reducing cost of doing business. LCCI and Bahawalpur Chamber would also cooperate in preparation of proposals for economic uplift of the country and would conduct joint research studies to develop industries in Lahore and Bahawalpur.

Speaking on the occasion, the LCCI President said that harmony between the two chambers would help solve the problems being faced by the business community. He said strength of the private sector lies in unity therefore they should extend full support to each other on all economic issues and challenges.

Copyright Business Recorder, 2020