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Tag Archives: ICCI

Pak-China agreement will boost bilateral trade: ICCI

ISLAMABAD:  Islamabad Chamber of Commerce and Industry has welcomed Pak-China agreement to enhance bilateral trade to $20 billion and sign MoUs of cooperation in different fields, especially in energy and infrastructure development during the recent visit of Chinese President Xi Jinping to Pakistan as these initiatives would lead to a better economic future for the country. Muzzamil Hussain Sabri, President, ... Read More »

Businessmen eye promising prospects from Chinese President’s visit to Pakistan

ISLAMABAD: Islamabad Chamber of Commerce and Industry, President Muzzamil Hussain Sabri, has said that the two-days visit of Chinese President Mr. Xi Jinpingto Pakistan starting from 20th April 2015 offered promising prospects and will prove a landmark event for the country as it will bring the two counties further closers and create plenty of business opportunities for their entrepreneurs. He ... Read More »

Revival of economy top priority of government: Senator Javed Abbasi

ISLAMABD: Senator Muhammad Javed Abbasi said that revival of economy was on top priority of the government and it was making strenuous efforts to create an enabling environment to give boost to business and economic activities. A delegation of Islamabad Chamber of Commerce and Industry led by its President Muzzamil Hussain Sabri and Abdul Rauf Alam Chairman Founder Group called ... Read More »

ICCI delegation congratulates new members of IDBA

ISLAMABAD: A delegation of Islamabad Chamber of Commerce and Industry (ICCI) led by its President Muzzamil Hussain Sabri visited Islamabad District Bar Association (IDBA) to congratulate the newly elected President Raja Zahid Mahmood and other office bearers. Speaking at the occasion, Muzzamil Hussain Sabri, President, Islamabad Chamber of Commerce and Industry said that close cooperation between ICCI and IDBA would ... Read More »

Traders urge CDA to focus on development of markets to facilitate business activities

ISLAMABAD: The newly elected office bearers of Traders Welfare Association, F-10 Markaz, Islamabad  led by its President Ch. Amanullah Cheema visited Islamabad Chamber of Commerce and Industry (ICCI) and highlighted various issues being faced by the traders of the area. Speaking at the occasion, Ch. Amanullah Cheema, President, Traders Welfare Association, F-10 Markaz, Islamabad said that F-10 Commercial Center is ... Read More »

ICCI, B20 business leaders call for G20 to prioritize trade, infrastructure policies

JEDDAH:  Chief Executive Officers from the International Chamber of Commerce (ICC) G20 CEO Advisory Group participated in B20 policy consultations and called for greater emphasis on reducing trade barriers and improving conditions for infrastructure investment, particularly in the energy sector. B20 Chairman Rifat Hisarcıklıoglu organized the Saudi Arabia Regional Consultation Forum today in Jeddah to explore the most pressing economic ... Read More »

Privatization of energy sector is only solution of energy crisis: ICCI

ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) has called upon the government to go for fast track privatization of energy sector to get rid of energy crisis which has badly crippled manufacturing activities and remained one of the major factors for slow growth of economy. Muzzamil Hussain Sabri, President LCCI said that centralization of energy policymaking and the federal ... Read More »

ICCI urges banks to support private sector for acceleration of economic growth

ISLAMABAD: Islamabad Chamber of Commerce and Industry (LCCI) has stressed upon the commercial banks to focus on private sector lending for accelerating economic growth and achieving sustainable national development. President Muzzamil Hussain Sabri, Senior Vice President M. Shakeel Munir and Vice President M. Ashfaq Hussain Chatha, Islamabad Chamber of Commerce and Industry said that for the last couple of decades, ... Read More »

ICCI signs MoU of cooperation with Ankara Chamber of Commerce

ISLAMABAD: Islamabad Chamber of Commerce & Industry (ICCI) has signed a protocol of cooperation with Ankara Chamber of Commerce & Industry of Turkey to further improve commercial ties and promote bilateral trade between Pakistan and Turkey. Muzzamil Hussain Sabri, President, Islamabad Chamber of Commerce & Industry and President, Ankara Chamber of Commerce & Industry signed the MoU. The signing ceremony ... Read More »

ICCI urges govt to take solid measures for success of Textile Policy 2014-19

ISLAMABAD:  Islamabad Chamber of Commerce and Industry (ICCI) has termed the targets set in Textile Policy 2014-19 quite ambitious and called upon the government to take solid measures to transform these targets into reality. Muzzamil Hussain Sabri, President, Islamabad Chamber of Commerce and Industry said the Textile Policy 2014-19 aims to boost textile and clothing sector exports from USD 13 ... Read More »

ICCI shows concern over Rs48b cut in PSDP

ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) has shown concerns over major cuts in funds for Public Sector Development Program (PSDP) as it would badly affect the work on developmental projects and retard the economic growth of the country. Muzzamil Hussain Sabri, President, Islamabad Chamber of Commerce and Industry said that enhanced spending on PSDP was vital to achieve ... Read More »

Uganda envoy invites Pakistani investors for joint ventures

Dr Mohamed Ahmed Kisuule says it is high time for Pakistani businessmen to establish themselves in Uganda to tap available business potential and penetrate Eastern African market   ISLAMABAD: Ambassador of Uganda to Pakistan Dr Mohamed Ahmed Kisuule said his country offered unlimited business opportunities to Pakistani investors in several fields and they should explore Uganda for investment and joint ... Read More »

Businessmen playing key role in economic development: Former KPK Governor

ISLAMABAD: Business community is playing an important role in the economic development of the country and government should extend maximum facilitation to them to further improve the economy, observed Engr. Shaukat Ullah Khan, former Governor KPK while addressing businessmen at Islamabad Chamber of Commerce & Industry. He said CDA has not been able to provide required services to traders and ... Read More »

ICCI for increasing forex reserves to $22b, exports to $32b

ISLAMABAD: Welcoming the announcement of 14-point “future roadmap” by Finance Minister Muhammad Ishaq Dar to improve the economy and make Pakistan globally a competitive country, Islamabad Chamber of Commerce & Industry has called upon the government to start taking practical measures to ensure implementation of the roadmap in letter and spirit to achieve fruitful results for the country. Muzzamil Hussain ... Read More »

Rs15tr count: ICCI worried over 81% rise in debt in 5 years

ISLAMABAD: Islamabad Chamber of Commerce & Industry has shown great concerns over the rising public debt which has swelled over Rs 15 trillion by the close of July 2014 & consumes the largest chunk of country’s budget and called upon the government to take urgent measures to reduce the debt burden as it would affect the economic development, give rise ... Read More »

Overbilling woes: ICCI criticizes govt over installation of faster meters

ISLAMABAD: The businessmen community of the capital protested against the installation of new power meters that run 30-35 percent faster than the old ones and demanded their urgent replacement. The demand was made during a meeting held at Islamabad Chamber of Commerce and Industry auditorium. Presiding over the meeting, the ICCI chief said that business community had been demanding since ... Read More »

ICCI seeks urgent removal of faster electricity meters

ISLAMABAD: The businessmen community of the capital protested against the installation of new power meters that run 30-35 percent faster than the old ones and demanded their urgent replacement. The demand was made during a meeting held at Islamabad Chamber of Commerce and Industry auditorium. Presiding over the meeting, the ICCI chief said that business community had been demanding since ... Read More »

Overbilling: Businessmen snub 35pc faster electricity meters

ISLAMABAD: Businessmen in a meeting at Islamabad Chamber of Commerce & Industry strongly protested against the installation of new faster electricity meters, which run 30-35 percent faster than the old ones and called upon the government to ensure their urgent replacement to save the business activities from further damage and consumers from unjustified overbilling. Chairing the meeting, Muzzamil Hussain Sabri, ... Read More »

ICCI flays PML-N govt for 43 paisas raise in power tariff

ICCI President Muzamil Hussain Sabri presses government to withdraw all unfair charges to provide relief to people and to bring down cost of doing business     ISLAMABAD: Businessmen in a meeting at the Islamabad Chamber of Commerce and Industry (ICCI) on Monday condemned the Pakistan Muslim league-Nawaz (PML-N) government for 43 paisas per unit increase in electricity tariff from ... Read More »

Chinese delegation visits ICCI, shows interest in energy, construction projects

ISLAMABAD: A 16 member business delegation led by Yang Hui, Deputy Director General, Department of Commerce of Yunnan Province of China visited Islamabad Chamber of Commerce & Industry and showed interest to invest in Pakistan with particular focus on hydro energy and construction sectors. The delegation was representing hydropower, engineering, construction, roads & bridges & export credit insurance etc. Addressing ... Read More »