Criticism against Chief Executive Officer Trade Development Authority of Pakistan termed inappropriate

Karachi, April 01, 2016 (PPI-OT):The United Business Group (UBG) of FPCCI on Friday criticised Businessmen Panel (BMP) for holding CEO TDAP responsible for dwindling exports which is unjustified.

In a statement issued here today, Gulzar Feroze Spokesman of UBG said that Pakistan’s exports have dipped due to global recession which has nothing to do with TDAP’s performance as the institution is already in process of exploring new markets to boost external trade.

The recent statements of BMP leaders including Mian Zahid Hussain, Haji Ghulam Ali and others are baseless as none of them has any experience of exposure about exports, said Feroze.

He said that leaders of Businessman Panel whom have been defeated twice in the FPCCI elections, are fond of targeting UBG leaders and CEO TDAP in a bid to gain cheap popularity.

Recession coupled with low oil prices have also damaged commodity market resulting in export losses to almost all the countries including Pakistan but TDAP is criticised to gain political mileage.

He said that Prime Minister Nawaz Sharif has put country on path of prosperity and exports will pick up as soon as the energy crisis is resolved which will take less than two years for which business community will unconditionally cooperate with the government.

Prices of energy and petroleum products are going down gradually to the benefit of people and industry, he said, adding that business community has rejected BMP is last two elections and politics of mudslinging will not help them in future.

For more information, contact:
United Business Group (UBG)
Room No: 203, Second Floor,
Aiwan-e-Sanat Plot No.ST-4/2, Sector 23,
Korangi Industrial Area, Karachi, Pakistan
Tel: +92-21 35062200
Cell: +92-321-8261426