FPCCI participates in SCO Business Council Meeting


Lahore: Representing Pakistan, Mian Nasser Hyatt Maggo, President FPCCI & Chairman SCO Business Council Pakistan, has addressed the Board Meeting of Shanghai Cooperation Organization (SCO) Business Council held in Dushanbe, Tajikistan. The meeting was attended by the Presidents/Chairmen of all members countries i.e. India, Kzakhstan, Kyrgyz Republic, Pakistan, China, Russia, Uzbekistan, Tajikistan etc.

The President FPCCI raised the issues of economic, trade and investment liberalization within the powerful bloc of SCO. He also highlighted the economic and commercial potential of China-Pakistan Economic Corridor (CPEC) & Turkmenistan-Afghanistan-Pakistan-India (TAPI) Gas Pipeline Project.

FPCCI Chief appreciated the bilateral, regional and multilateral linkages and connectivity being developed by SCO Business Council to tap the true potential of regional trade through economic blocs; which various economic blocs have achieved over the past few decades and SCO is all geared up to maximize the gains. He also appreciated the organizer for organizing the multilateral high-profile event and bringing eight countries of the bloc together.

Veteran Business Leader and Convener International Forums at FPCCI, Mr. Amjad Rafi, appreciated the efforts of Tajikistan Chambers of Commerce and Industry discussed Global Challenges of Migration Processes in the context of the COVID-19 pandemic within the SCO: Problems and Prospects in International Conference on Migration.

 On the sideline of the other events like International Conference on Cooperation & Exchange of Experiences between the Leading Cities/Capitals of SCO under Smart City held wherein Mr. Shahid Ahmed Khan, Director FS&R (Pvt) Ltd gave presentation on Smart City of Pakistan (Lahore and Islamabad) which are ECO Friendly Venture in the Future. While in Round Table was centered on supporting Micro, Small and Medium Enterprises (MSMEs) in SCO, Mr. Zubair Hyder Sheikh, President & CEO Lumina Consulting Services Pvt Ltd  gave a presentation on Issues of support and development of Micro, small and medium-sized enterprises within the SCO.

All meetings and conferences within the program were centered on tangible economic and social cooperation between the member countries of SCO.  Round Table was centered on supporting Micro, Small and Medium Enterprises (MSMEs) in SCO and it was suggested that MSMEs in the member countries may be promoted through support mechanisms in the realms of access to finance, regulatory protections and cooperation among the member countries; as MSMEs are the real engine of growth coupled with employment generation.

FPCCI is looking forward to enhanced trade and investment within SCO and forging a formidable economic alliance for mutual prosperity and development of the member nations.

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