LAHORE - Federal Minister for Information and Broadcasting Qamar Zaman Kaira has said the recently signed and much criticized Afghan Transit Trade Agreement would not only help curb smuggling but it would pave the way for industrial revival of the country. This is an agreement that would give considerable boost to the domestic industry, he added. The Federal Minister was speaking at the inauguration of LCCI FM Radio 98.6 here at the Lahore Chamber of Commerce and Industry on Saturday. Talking about the trade concessions granted by the European Union, the Federal minister said that it was one of the achievements of the government that has opened a new window of opportunities for the business community. He said that the government was in constant contact with the United States of America for winning trade concessions in the larger interests of the economy of the country. He said the government is putting in its best efforts for the revival of the economy that is a solution to a number of problems including unemployment. LCCI President Zafar Iqbal Chaudhry, Senior Vice President Ijaz A Mumtaz, Vice President Faisal Iqbal Sheikh, newly elected office-bearers Shahzad Ali Malik, Sheikh Mohammad Arshad, Sohail Azhar, former LCCI Presidents Mian Misbahur Rehman and Mian shafqat ali also spoke on the occasion. The Federal Minister said that the government was well aware of the challenges being faced by the businessmen in the wake of terrorism and recent devastating floods and was making all out efforts to solve these issues. He said that the government was not only taking care of the trade and industry but it was equally mindful of the issues being faced by the agriculture sector. It was in contact with international community including China for getting new technologies for the agriculture sector. Speaking on the occasion, the LCCI President Zafar Iqbal Chaudhry said that considering the broader impact of this medium, the Lahore Chamber of Commerce took the initiative to launch its own FM radio channel which will primarily focus on updating the business community through informative programs. He said that the LCCI has planned to keep its members in particular and the public in general well informed about the different variations of prices taking place in the stock market, gold market, metal market etc. He said that most up-to-date currency rates and commodity prices will be reported to the audience. Besides, the information related to various activities going on at the Lahore chamber will be broadcasted on regular basis so that the interest of LCCI members could be increased. He said that the private sector is full of success stories as many businessmen created history by progressing in their businesses by leaps and bounds through their clear visions and excellent business strategies. They touched those heights of success in their careers, they might not have ever imagined when they started their businesses. He said that the LCCI has planned to put on air the interviews with them so that our younger and emerging entrepreneurs could benefit from their experience and knowledge. Earlier, the Federal Minister, while inaugurating the LCCI FM Channel paid rich tributes the LCCI President Zafar Iqbal Chaudhry for taking the initiative of keeping the business community informed about the latest happenings at the business front.