LAHORE:The Lahore Chamber of Commerce & Industry (LCCI) Saturday signed Memorandums of Understanding (MoUs) with Pakistan Coating Association, B2B Media (Pvt) Limited and Pakistan Chemistry Council (PCC).
The purpose of these MoUs was to enhance the business opportunities and to facilitate the business community by holding exhibitions, business to business matchmaking conferences and other business related events.
LCCI President Mian Nauman Kabir and Chairman of Pakistan Coating Association, B2B Media and Pakistan Chemistry Council Moazzam Rasheed inked the MoUs.
LCCI Senior Vice President Mian Rehman Aziz Chan, Vice President Haris Ateeq and Executive Committee Members were also present.
As per MoUs, all the three bodies would build a dependable, pragmatic and advantageous relationship among each other and to develop mutual relations through an increased cooperation mode among the industrialists, businessmen and entrepreneurs of respective sides.
All the stakeholders would facilitate interaction between working of standing committees with a view to develop unified stance on common issues. They would also improve the inter-organizations interaction for trade, industry and export oriented activities.
The parties would cooperate in promotion of demand-driven human resource activities to meet the industrial and commercial needs in the respective areas.
The organizations have also agreed to organize networking activities which ensure increased cooperation among the industrialists, businessmen and entrepreneurs.
Speaking on the occasion, LCCI President Mian Nauman Kabir said that collective efforts always yield good results. Therefore, the Lahore Chamber is paying attention to the agreements and has signed MoUs with various chambers and trade organizations.
Mian Nauman Kabir said that the coating industry which has a major share in the paint sector should be recognized as an export-oriented industry by the government which will enhance country’s exports and will bring valuable foreign exchange in the country.
“If this industry is made part of Pakistan’s export-oriented sectors and provided incentives by the government, its exports can jump in a short time,” Mian Nauman Kabir remarked.
Moazzam Rasheed said that the signing of MoU with the Lahore Chamber of Commerce & Industry is a historic event that would go a long way in promotion of trade and industry.