Proposal of shifting FPCCI Head Office to Islamabad Opposed by Business Community

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Karachi, July 09 (Online Int’l): The business community on Thursday opposed the move of the incumbent President FPCCI to shift Federation Chambers Head Office to Islamabad, as Karachi is a hub of economic activity and it is not advisable to table this proposal in the coming executive committee meeting of the FPCCI.

Talking to the media Secretary General (Federal) of the Businessmen Panel, Ahmad Jawad said this is not the right time for this move, because BMP didn’t set this objective in its earlier election campaign, but importantly the business community faced numerous problems and it must be the utmost responsibility of the FPCCI President to address their grievances and stand by them through thick and thin. 

He said the majority trade bodies of the country voted for us in the name of change so that we reshape the affairs of the FPCCI but since January, the FPCCI President was moving in the opposite direction. He said that now the kitchen cabinet of the group desires to establish an alliance and are making arrangements with the United Business Group for the coming FPCCI elections with the concept of seat adjustment which was another sheer violation of the mandate.

The voters reposed confidence in us and thought that after winning the elections, the businessmen panel through FPCCI have taken up their voice in order to resolve their long awaited issues before government departments, but to date such things haven’t been witnessed practically. 

Even the budget proposal of the FPCCI was largely ignored before the government because we didn’t lobby properly except one to two zoom online meetings with the Finance Ministry.

Jawad also said this type of mentality by the President FPCCI has badly hit the supporters and office bearers of the Businessmen Panel, because they felt we have spent our time and resources consecutively for five years, day and night and aa a result we received dictatorship and personal motives in order to please some people for their vested interests which we completely rejected,

Further, other BMP officials said the Research and Development (R&D) department of the FPCCI lacks professional expertise; we don’t see any research papers and any comparative study on any subject which is linked with the economy of Pakistan. If one talks about the budget proposals, they contended that not a single recommendation of the FPCCI has been accepted by the government, yet the FPCCI does not fail to praise the government’s yearly budget due to its vested interest. “Is this the role of the national chamber of any country?” they questioned. 

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