RECORDER REPORT

KARACHI: Business Community has asked the Prime Minister and Ministry of Commerce for the extension in the current tenure of all trade bodies due to Covid-19 impacts on the economy.

Abdul Rahim Janoo, Chief Executive, Memon Leadership Forum and Former Chairman Rice Exporters Association of Pakistan (REAP) Safder Hussain Mehkri, Rafique Suleman and other office Bearers of Memon Leadership Forum has requested the Prime Minister of Pakistan and Abdul Razzak Dawood, Advisor to PM for Commerce that currently all the countries of world are facing serious impacts due to the outbreak of Covid-19 and business community of Pakistan is also facing serious results.

Therefore, there is a need to extend the existing tenure of Chambers of Commerce & all trade bodies of Pakistan till December 2020, so that the Office Bearers of all trade bodies may improve their performance and arrange to fetch more foreign exchange for our beloved country Pakistan, they added.

They said that the tenure of all the chambers of commerce and trade bodies should be revised from January to December every year instead of October to September, as all of them are members of Federation of Pakistan Chambers of Commerce & Industry (FPCCI) and similar tenure will definitely bring positive results to the country’s economy.