FPCCI, LCCI to collaborate for trade , economic development.

Lahore -- The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and Lahore Chamber of Commerce (LCCI) and Industry have joined hands and would work collectively to flourish trade and economic activities in the country.

The decision was made during the visit of FPCCI President Mian Anjum Nisar to the Lahore Chamber of Commerce and Industry on Thursday. On the occasion, current economic scenario and challenges being faced by the trade and industry came under discussion.

FPCCI President Mian Anjum Nisar said that the public-private partnership is the premium solution of the challenges being faced by the business community and is also a good recipe for economic revival of the country. He called for a level-playing field not only for the exporters but also for the domestic industry, which cannot compete with the regional countries due to the high interest rate and energy tariffs.

Mian Anjum Nisar said that improving exports' performance remains the most relevant long-term structural challenge to alleviate the balance-of-payments constraint to sustained economic growth. He said that the current export portfolio is due to a lack of diversification, as few products are being exported by some exporters to limited markets. So...