The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Sunday said intra-regional trade will get a boost when government reduce trade barriers later this month. It will bring a major change in the region which will have a positive impact on the lives of tens of millions of people, it said.
Currently, all the major political parties and chambers of commerce are supporting trade liberalisation with India for which the national business leaders initiated efforts decades back, said Tariq Mehmood, Director Pak-UK Business Council and Chairman FPCCI Committee on Health.
Speaking to the business community, he said that worries regarding Indian products flooding Pakistani markets are mostly baseless which amounts to underestimating resilience of the local businessmen. Vice President of Saarc Chamber of Commerce Iftikhar Ali Malik who has played a primary role to make enhanced trade a reality believes that Pakistani business community has the ability to adjust and benefit from cheap Indian imports, he said.-PR