LCCI demands cut in energy prices.

LAHORE -- Lahore Chamber of Commerce and Industry (LCCI) President Irfan Iqbal Sheikh said on Thursday that balanced energy prices could act as an economic booster therefore, these should be reduced for the trade and industry. He expressed these views while talking to a delegation of leading businessmen at LCCI on Thursday. LCCI Vice President Mian Zahid Jawaid Ahmad was also present on the occasion.

Irfan Iqbal Sheikh said that industries need low-cost energy to bring down their cost of doing business and keep their merchandise competitive in the international market. He said that cut in energy prices would be a great relief to the industries and traders who were suffering heavily because of circumstances caused by coronavirus. The LCCI President said that high cost of doing business was one of the major issues being faced by the industrial sector and industries need support of the government to bring down their input cost to ensure prominent presence in the international market. Definitely, it would bring much-needed precious...