Amendment in Section 11 of the Trade Organization Act rejected by 275 trade bodies of Pakistan. Our demand to maintain the tenure of the office bearers of the trade bodies:Atif Ikram Sheikh

Islamabad:President Federation of Pakistan Chambers of Commerce and Industries
Atif Ikram Sheikh while holding a press conference with the
representatives of the chambers in Pakistan said that the duration of the
elected bodies in September was 2 years, now this period has been
reduced to one year, we demand the government to maintain the duration
of the chambers for 2 years. The business community pays taxes and
pays electricity bills, the chambers should be given a period of 2 years to
fulfill the mandate given the traders.

President FPCCI Atif Ikram Sheikh further said that the Ministry of
Commerce has assured to resolve the issue. The policy rate should be
reduced due to reduction in inflation.

Chairman Pakistan Vanaspati Association Sheikh Umar Rehan said in
the press conference that it is not easy to hold elections in the trade
bodies and the government should withdraw its decision, the tenure of
the officials of the chambers should be 2 years.

Chairman Coordination Capital Office Malik Sohail Hussain has said
that currently our officials are present in the offices of the chambers all
over Pakistan. More than 275 trade bodies are part of this press
conference.

Vice President FPCCI Saqib Fayyaz said that all the office bearers have
got a mandate of 2 years and this amendment is not acceptable, we do
not accept the new law which has been implemented.

Representative Faisalabad Chambers Mian Zafar said that the
amendments in the Trade Act are being made without taking the trust of
the business community, the amendments in the Trade Act should be
done in consultation with FPCCI.

Representative Rawalpindi Chambers of Commerce Saqib Rafique said
that they reject the amendments in the Trade Act. Section 11 of the Red
Organization Act should be amended.

Vice President FPCCI Tariq Jadoon said in the press conference that the
President has given a clear message to FPCCI that the amendment in this
act should be withdrawn.

Ashfaq Ahmed, representative of GB Chambers said that the mandate
that has already been given should be implemented.

Former Chairman Abad Arif Jeeva said that nowhere in the world does it
happen that there is no consultation with the Chambers in the
amendments in the Trade Act, the people sitting in the government
should think, a decision should be taken after consultation with the
Chambers.

President of Women Chambers of Commerce Samina Fazil said that they
reject the amendments in the Trade Organization Act.

Saquib Fayaz Magoon SVP FPCCI, Zain Iftikhar Vice President
Regional Chairman Punjab, Tariq Jadoon VP FPCCI, Samina Fazil
President WCCI, Arif Yousaf Jeewa Chairman Abad, Umar Rehan
Chairman PVMA, president woman chamber ICCI Samina Fazil,
Ashfaq Ahmed VP FCCI, Johar Ali Raki Sr. Vice President Gilgit
Baltistan, Mr. Ikram-Ul-Haq president sialkot, Mian zafar Iqbal group
leader small chambers of pakistan, Lala Iftikhar Advisor FPCCI
President also attended the press conference and endorse the agenda.