ISLAMABAD - Representatives of various traders organisations and chambers of commerce and industry Monday gave mixed reactions on the new Trade Policy 2009-12 announced by Commerce Minister Makhdoom Amin Fahim on the state-run TV. President of Rawalpindi Chamber of Commerce & Industry Asad Mashadi said 6 per cent growth target as announced in the policy was meaningless when put against the 9 per cent to 10 per cent inflation in the country. He opined that it would have been better if the government had set the growth target at 25 per cent in the first year of the three-year period. He, however, welcomed the governments measures to boost the engineering sector, especially the import of used machines, gas, petroleum, oil and computers in the new policy. President of Islamabad Chamber of Commerce & Industry Mian Shaukat Masood regretted that the government had yet to decide textile and the monetary policies even after the passage of one year. In the absence of the textile and monetary policies it would be useless to comment on the policy. He also observed the new trade policy had not touched the countrys interest rate, which would be of focal importance with regard to the trade and industry development in the country.