ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) has lauded the prime minister’s initiative for constituting a 22-member Council of Business Leaders (CBL).
ICCI President Ahmed Hassan Moughal, Senior Vice President Raffat Farid and Vice President Iftikhar Anwar Sethi in a statement on Saturday said that the government should include representatives of the Federation of Pakistan Chamber of Commerce and Industry (FPCCI) and other major chambers of the country in the CBL to make it a broader representative body of the private sector.
They said that the business community was fully aware of the major challenges being faced by the economy and would support all initiatives of the government aimed at reviving the business and economic activities.
They said that the formation of CBL was a step in the right direction for economic revival, adding that consultation with key stakeholders would make the council more efficient.
They said that all the chambers were the true representatives of the business community as they represented all sectors of the economy.
They further said that in order to know about the ground realities of trade, industry and other sectors of the economy, the inclusion of federation and chambers was necessary instead of giving representation to a selected class of businessmen in the CBL.