Pakistan nominates Iftikhar Ali Malik as President SAARC chamber

ISLAMABAD, Dec 3 (APP):Pakistan Tuesday nominated veteran trade leader Iftikhar Ali Malik to clinch the much coveted and prestigious presidency at SAARC Chamber of Commerce for two year term 2020-21while Engineer Daroo Khan Achakzai as Vice President.

Iftikhar Malik has been associated with this chamber since 1990 and remained its Vice President for eight consecutive years and currently holding the position of Senior Vice President, says a press release issued here on Tuesday.

Commenting on this new development, Iftikhar Malik said this would be great honor for Pakistan and proud yet humbled to accept this prestigious position of Presidency at SAARC Chamber of Commerce and Industry.

He also said SAARC CCI is a political and trade block which has overall population little over 1.7 billion with enormous unutilized natural and human resources. As we all know the engine of the growth of the south Asia is the private sector of SAARC member countries. Therefore, the development and the progress of the SAARC member countries cannot be separated from the development and progress of the private sector of the SAARC member countries.

“In this context, under my Presidency, I would focus on trade and investments both unilaterally and bilaterally in short term and long term targets to bring “SAARC” brand shining in the world Economy to be the strongest and best chamber in the world in year 2030,” he added.

India, Bangladesh, Sri Lanka, Nepal, Bhutan, Maldives, Afghanistan and Pakistan are members of Chamber and presidentship rotates in all member states.

Iftikhar Ali Malik, 78 also remained presidents of Federation of Pakistan Chamber of Commerce and Lahore Chamber and has been active in trade politics since 1975. He held a number of key assignment and worked dedicated and selflessly without getting any perks throughout his life span.

In a capacity of Chairman Building committee, he constructed 9 storey state of the capital building of SAARC Chamber worth Rs 1.5 billion in Islamabad.

Daroo Khan Achakzai is outgoing president of FPCCI who played a key role in promotion of trade and strengthened the trade bodies and regional chamber. He is known a man of integrity and popular trade figure in Balouchistan.

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