RAWALPINDI - Leashing out at erroneous policies of the government weakening country’s economy, business community strongly rejected the trade organisation act 2013 and has urged the government to take the decision back immediately.

They also urged on the government to take the business community on board to derive a national trade policy otherwise they wouldn’t submit their tax returns and would also not support the political parties in upcoming elections.  Rawalpindi Chamber of Commerce and Industries (RCCI) President Manzar Khurshid Sheikh was briefing the media at Bhurban (Murree) after closing session of a two-day conference of All Pakistan Presidents of Chambers of Commerce and Industries.

He was accompanied by presidents of 25 different chambers of commerce and industries from all over the country including Karachi, Lahore, Faisalabad, Sialkot, Quetta, KPK and Federation of Chambers of Commerce and Industries.

RCCI vice presidents Pervaiz Ahmed Waraich, Chaudhry Nadeem Rauf, group leader Najam-ul-Haq Malik, former presidents of RCCI and members of executive committee were also present on the occasion.

RCCI President said that presidents and delegations from all the chambers have come to the point that in upcoming national elections, nationwide business community will support the political party which will portray a national economic agenda to eliminate unemployment and poverty.

While talking about economic reforms, RCCI president said that government should adopt a long term policy which should be followed by every successive government. Presidents and delegations of different chambers expressed their grave concerns over the mounting corruption in different national institutions and federations including PIA, Railways, Wapda, Steel mills, Utility Stores and NHA.

Manzar Khurshid said that government should cut the size of its cabinet to achieve the targets of good governance. While expressing his concerns over mounting corruption, RCCI President said that capable and eligible people should be given fair chances to run different national institution for better production and services.

Khurshid on the behalf of participants of the conference expressed grave concerns over the poor law and order situation in the country specifically in KPK province, Karachi and Balochistan. He said that business community would not allow the government to destroy industrial sector adding that the rulers were eating resources of the country like parasites.

He said that government should start negotiations with all stake holders to maintain better law and order situation in the country which is the basic requirement of investors.

At the end of two-day conference business community announced a 9-point Bhurban declaration to address national economic reforms.

According to the declaration, all the political parties were requested to highlight their economic plans in their electoral manifesto. Government should manage constitutional protection to long term economic policies while business community should be consulted before approval of any economic reform or policy in the country, declaration stated. While mentioning about business friendly environment, participants demanded the State Bank to initiate loans in red zones. Rejecting the trade organization act 2013, business community said that traders and their representatives should be consulted for any business related legislation. The participants demanded separate SMEs and MSMEs to facilitate women entrepreneurs in the country.