Extension of trade bodies terms is not under consideration: Abdul Razzak Dawood

Karachi, July 28 (Online): Prime Minister’s Advisor on Commerce Abdul Razzak Dawood has categorically said that there is no consideration of extending tenure of trade bodies office bearers and even the law doesn’t allow such proposal.

He was talking to a delegation led by Patron in Chief of United Business Group (UBG) and former Chief Executive of Trade Development of Pakistan (TDAB) SM Muneer.

Secretary Commerce Salih Farooqui, Former Presidents of Federation of Pakistan Chambers of Commerce & Industry (FPCCI) Zubair Tufail, Abdul Rauf Alam, Khalid Tawab , Sohail Altaf, Zafar Bakhtayari and Malik Sohail Hussain were also present at the occasion.

Dawood mentioned that office bearers of FPCCI and some other trade bodies have brought the idea to extend the term of their office for one more year in the backdrop of Coronavirus pandemic situation but it was rejected because there is no any provision in the related laws.

While answering a question asked from the delegation he clearly said that elections of trade bodies would held on the time as the Trade Bodies Ordinance provides one year tenure for the office bearers.