Faisalabad Chamber Seeks Tariff Reforms to Boost Exports
The discussion centered on addressing key challenges faced by exporters, including tariff structures and the need for representation on policy-making boards, with the goal of creating a more favorable business environment and increasing Pakistan's exports, which is crucial for the economic growth of cities like Faisalabad.
FCCI President Rehan Naseem Bharara met with Commerce Minister Jam Kamal Khan to discuss trade facilitation and export concerns, emphasizing the need for tariff reforms and permanent representation of export-oriented trade associations on policy-making boards.
The meeting between FCCI President Rehan Naseem Bharara and Commerce Minister Jam Kamal Khan highlighted the importance of public-private collaboration in shaping effective trade policies to boost Pakistan's export competitiveness and stimulate economic growth. Bharara presented a Silver Jubilee souvenir to Federal Minister for Commerce Jam Kamal Khan on behalf of the Faisalabad Chamber, marking a significant gesture of cooperation between the two entities.
Bharara emphasized the need for FBR reforms, particularly in tariff structures affecting exporters, and proposed permanent representation for export-oriented trade associations on policy-making boards to ensure ground-level voices are included in national trade strategies. Minister Kamal assured the government's commitment to addressing business concerns and acknowledged the need for practical reforms to foster a business-friendly environment and support regional connectivity.
The meeting concluded with a shared understanding of the need for collaborative efforts to enhance Pakistan's export competitiveness, with the Faisalabad Chamber of Commerce & Industry playing a vital role in representing the interests of the business community in the region, particularly in the city of Faisalabad.