USA based centre for international private enterprise delegation visits KCCI

By Staff Reporter
KARACHI: Experts from Centre for International Private Enterprise (CIPE), based in Washington (USA), including Dr. John Sullivan, CIPE Executive Director, Andrew Wilson, Director for Latin America, Middle East & Asia-CIPE, Ms. Brooke Millis, Programme Officer, South Asia-CIPE visited Karachi Chamber of Commerce and Industries said a press release issued on Tuesday. Dr. John Sullivan, leader of the delegation said that CIPE being affiliated with US Chamber of Commerce formulates reforms to be made in various sectors of the society, with main focus on participation of private sector, creation of employment opportunities, social sector reforms and facilitation to the businesses enterprises.
He said that CIPE in collaboration with Institute of Corporate Governance and Institute of Chartered Accountants of Pakistan is currently engaged in analysing basic hardships, hurdles, impediments faced by the country’s business and commercial sector.
Dr. Sullivan said recommendations and strategy to overcome these hindrances and measures pre-requisite for a stable economy are also suggested under the arrangement with Institute of Chartered Accountants of Pakistan. The CIPE delegation was also accompanied by Moin M Fudda, Country Director of CIPE in Pakistan and Hamid Siddiqui.
The guests were warmly welcomed by KCCI President, Shamim Ahmed Shamsi, Senior Vice President of KCCI, Iftikhar Ahmed Shaikh, Vice President of the Chamber, M.Haroon Agar and KCCI Managing Committee.
KCCI President, Shamim Ahmed Shamsi on the occasion referred to contribution made by KCCI with regard to social corporate responsibility. He highlighted relevance of enabling environment, multiplicity of taxes and tax agencies, development of infrastructure, access from farms to market, SME financing, amendments in labour laws, management of rate of mark up on financing and drastic measures to control inflation in context of Pakistan. The leader of the delegation thanked President KCCI for fruitful discussion he had at the Chamber and assured to augment the role of CIPE for far-reaching reforms and their application towards well being of the neglected and unattended avenues.


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