Industry wants level-playing field to compete regional countries instead of relief: FPCCI.

Lahore -- Federation of Pakistan Chambers of Commerce and Industry (FPCCI) newly-elected President Mian Anjum Nisar has announced to work with the government to resolve all issues of the business community for revival of growth momentum and enhancement in exports by ensuring ease of doing business in the country.

Addressing a grand reception hosted by the Pakistan Industrial and Traders Associations Front in his honour, Mian Anjum Nisar observed that now the FPCCI, being an elected representative of Pakistan's businessmen, would work with the government as an economic partner, reshaping its role with a view to facilitate the trade and industry.

The PIAF Dinner Reception was also addressed and participated by Punjab Governor Ch Sarwar, Punjab Assembly Speaker Ch Pervaiz Elahi, PIAF Chairman Mian Nauman Kabir, senior vice chairman Nasir Hameed, vice chairman Javed Iqbal, LCCI president Irfan Iqbal Sheikh and a large number of business community from all provinces of the country.

Mian Anjum Nisar demanded the level-playing field not only for the exporters but also for the domestic industry, which cannot compete with the regional countries amidst gigantic markup rate and high energy prices.

'Industry doesn't want any help or relief from the government rather we want level-playing field for the competition with China and India where markup rate is 4% and 5% against Pakistan's interest rate of...