Prosperity of farmers vital for better economy: Minister

LAHORE (APP): Provincial Minister for Agriculture Dr Farrukh Javed has said politics on the agricultural package is a shameful act. He expressed these views in a meeting with representatives of farmers organizations Sunday. He said the govt was working day and night for development of the agriculture sector and ongoing welfare projects of farmers and growers. Criticism against the package for political gimmick will cause a serious loss to farmers and growers, he added. He said imposition of ban on important parts of farmer package will increase financial problems. He said prosperity of farmers was essential for better economy and criticism against package from some political parties would increase financial problems of farmers.

Farrukh Javed said only solution to farmers problems was in rapid implementation of the package.

ECO CCI office-bearers should be granted diplomatic status

ISLAMABAD (INP): Economic Cooperation Organization Chamber of Commerce & Industry (ECO CCI) Chairperson on National Committee on Women Entrepreneur and Vice President FPCCI, Fehmida Jamali has demanded of the government to play role of facilitator in order to establish Pakistan a viable destination for the ECO CCI. Fehmida vowed to work for improving and strengthening economic relations among ECO member states and empowering the women entrepreneurship. “I will start with efforts for an ECO free trade agreement, but the ultimate goal is to establish a monetary union,” she said. ECO is an economic alliance among Pakistan, Turkey, Afghanistan, Iran and central Asian states.

including Azerbaijan, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan.

ECO, formerly called the Regional Cooperation for Development (RCD), was extended to take in its fold the central Asian states after the break-up of Soviet Union. Now, it is mostly referred to in leading international reports and studies because of its significance.

Fehmida said intra-region trade is very low compared to other regions. In this respect, the ECO member states should have to make efforts to promote intra-ECO trade and to take steps for improvement of regulatory frameworks and removal of tariff and non-tariff barriers in the region, as the intra-ECO trade situation is, however, far from satisfactory.

She also suggested that as an incentive the ECO CCI office-bearers should be granted diplomatic status by the foreign office.

UBG nominates Abdul Rauf as presidential candidate for FPCCI

KARACHI (INP): The United Business Group has nominated Abdul Rauf Alam, former president of ICCI, as presidential candidate for FPCCI for the year 2016. This decision was taken in a meeting of United Business Group held at Karachi under the chair of S M Munir, Patron-in-Chief and Iftikhar Ali Malik, Chairman UBG. The representatives of Chambers of Commerce and Industry and Associations of the four provinces were also present in the meeting and all nominated with consensus as Presidential candidate of UBG for FPCCI. Abdul Rauf thanked all the members of UBG as well as the representatives of Trade Bodies and Associations for posing confidence in his abilities and nominated him as a candidate for the Presidency of FPCCI.

He said for the first time, a businessman from Federal Capital has been nominated as a candidate for the Presidency of FPCCI which was a great honor for the business community of Islamabad. He assured that if elected as President FPCCI, he would take all Trade Bodies and Associations on board on important issues of the business community and would try his level best to take all Trade Bodies and Associations along in efforts aimed at resolving the problems of trade and industry. He said FPCCI would be further strengthened to make it a dynamic apex trade body of the country and he would work hard for promoting the interests of the whole business community of the country so that with smooth growth of trade and industrial activities, Pakistan’s economy could recover fast.

‘Made in Pakistan’ exhibition in Nepal on 6th

RAWALPINDI (INP): The Rawalpindi Chamber of Commerce and Industry (RCCI) is going to organise 6th single country “Made in Pakistan” exhibition in Nepal to introduce national products in international markets. The “MIP” exhibition would be held at Khatmandu (Nepal)from Oct,6 to 12, while Chairman RCCI exhibition committee Chaudhry Abdur Rauf would represent Pakistan. Pakistani ambassador in Nepal and President of Pak-Nepal friendship Association Rana Shamsher Ali will be the chief guest in this exhibition. RCCI President Mian Humayun Parvez said that Chamber will organize exhibitions on international level to introduce the Pakistani products in international markets to increase the export volume.

He said that these exhibitions will strengthen the economy of country.

RCCI President added that Pakistani products are popular across the globe owing to their best quality. “The industrialists should also be needed not to compromise on quality to increase demand of their products in the international markets,” he said. He further said this exhibition will help to improve bilateral trade relations and to introduce Pakistani products in Nepal.

PPIB senior executive director retires today

ISLAMABAD (APP): Senior Executive Director Projects of Private Power Infrastructure Board (PPIB), N A Zubairi retires on Monday (Oct 5) after serving the department for more than 21 years. He contributed a lot for the completion of dozens of private power projects in the country. N A Zubairi served in various departments including Planning Division, as Chief Executive Officer of Pakistan Power Management Company Ltd and NESPAK beside others for years and then joined PPIB in 1994 as Project Director and served the department for more then 21 years. During his service in PPIB, the department successfully added more than 10000 MW electricity of private power generation.

through a total 31 large and small projects worth more than 11 billion US dollars, owned by Independent Power Producers (IPPs) to the National Grid.

In addition N. A. Zubairi played a leading role in handling a large portfolio of new private power projects including hydropower, imported/local coal, gas based projects and fast track projects which are at various stages of development and implementation. A grand farewell party was also arranged in his honour by the senior officials of the management of the Private Power Infrastructure Board (PPIB) here on Sunday.