Islamabad: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and Saarc Chamber of Commerce and Industry (Saarc CCI) has demanded of the government to overturn Trade Organisations Ordinance 2007 and reintroduce Trade Organisations Act 1961 after necessary amendments.
The Ordinance enacted on June 5, 2007 hasn’t been approved by the National Assembly is it not serving economy, business community or nation, said Senator Haji Ghulam Ali, President FPCCI.
Speaking at a reception hosted in honour in Federal Minister for Law, Justice and Parliamentary Affairs, Moula Baksh Chandio, he said that economic growth is difficult unless laws governing the businesses are altered to suit the needs of business community.
Senator Ghulam Ali said that the role of regulators needs to be strengthened to guarantee enabling environment for business community which is in the national interest.
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