FPCCI discuses 'Draft National SME Policy'.

KARACHI: Research and Policy Division of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) organized an interactive session on Draft National SME Policy here at the Federation House.

FPCCI Capital Office in Islamabad and Regional Office Lahore were also

linked through video conferencing, said a FPCCI statement on Thursday.

The session was presided over by President FPCCI, Engr. Daroo Khan

Achakzai and attended by Senior Vice President Dr. Mirza Ikhtiar Baig, Vice Presidents Arshad Jamal, Qurban Ali, Abdul Rauf Mukhtar, Shireen Arshad, Ijaz Abbasi and Engr. M. A. Jabbar Convener FPCCI Standing Committee on Research and Development; Convener FPCCI Standing Committee on SMEs, Rehmatullah Javed, Convener FPCCI Standing Committee on SMEs Financing, Arjumand Qazi.

FPCCI President Engr. Daroo Khan Achakzai highlighted the issues of

small and medium enterprises including access to finance, high cost of doing business, low value addition, technological advancement, complicated tax system.

He also shared the success stories of Japan, Korea, Taiwan and China

regarding SMEs.

He recommended for easy and favorable discounted rate access of finance

to SMEs, establishment of SMEs zones and clusters.

Convener FPCCI Standing Committee on R and D, Engr M. A. Jabbar, on the

invitation of President FPCCI, made a detailed presentation on draft National SME Policy and also deliberated the circumstances surrounding the whole issue from the beginning of inception of SME policy and its support by public sector from way back 2007.

He suggested the draft policy on SMEs required to be thoroughly analyzed

as to its working...

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