Former senior Vice President Lahore Chamber of Commerce and Industry and former Chairman Pakistan Poultry Association says that $95 billion export target set in 3-year Strategic Trade Policy Framework is a peanut for Pakistan

Lahore, January 31, 2013 (PPI-OT): Former Senior Vice President of LCCI and former Chairman of Pakistan Poultry Association (PPA) Abdul Basit has said that $ 95 billion export target, set in the recently announced 3-year Strategic Trade Policy Framework is a peanut for a resourceful country like Pakistan but it would be very difficult to achieve in the existing circumstances where the business closures are order of the day because of unavailability of electricity and gas.

In a statement issued here Thursday, Abdul Basit said that economic viability of the country is a pre-requisite for the survival of the country and to make its defence impregnable but unfortunately the policy makers are used to give attractive policies without any framework for their implementation.

“Had the policies been made in consultation with stakeholders, the economic scenario of the country today would have been quite difference.”

The LCCI former Senior Vice President said that since the very birth of the country, economy has never been a priority and all economic issues are always put on back burner but now is the time to adopt a realistic approach as the world has become a global village.

He said that the apparently, the strategic framework is very attractive but since government has not given any framework for the provision of electricity and gas to the industry. It would be very difficult even to achieve the existing economic targets.

Abdul Basit said that the neighboring countries are progressing leaps and bounds while the situation in Pakistan is the other way round therefore, there is a need that all stakeholders should be taken on board for a workable methodology.

He said that laws need to be introduced to ensure continuity in policies because every now and than the policies are changed without giving a single thought to their ramifications.

He said that it is a proven fact that the government can never do business and its prime task is to govern the country therefore, it should formulate all economic policies in consultation with private sector that is the real stakeholder.

He said that the government should come up with some solid methodology to overcome the law and order situation in Karachi that is route cause of a number of economic issues being faced by the business community but unfortunately, the people sitting at helm of affairs have ignored the ground realities for the whims and wishes of their masters.

For more information, contact:
Shahid Khalil
Information Department
Lahore Chamber of Commerce and Industry (LCCI)
11-Shahrah-e-Aiwan-e-Tijarat,
Lahore -54000, Pakistan
Tel: +9242 111 222 499
Fax: +92 42 636 8854

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