Issues facing the business community: LCCI, KCCI formulate joint strategy

LAHORE: President Karachi Chamber of Commerce & Industry (KCCI) Rehan Hanif, along with a delegation, visited the Lahore Chamber of Commerce & Industry (LCCI) on Monday to discuss the common problems faced by the business community and formulate a joint strategy to press the government for their resolution. Former Karachi Chamber Presidents Abdullah Zaki and Iftikhar Vohra, former Vice President KCCI Faisal Khalil, LCCI Vice President Khurram Lodhi and LCCI executive committee members were also present. LCCI President Faheem Ur Rehman Saigol said that Karachi and Lahore are two major business centers of Pakistan, and stronger coordination and cooperation between the two chambers can play an important role in the country’s economic development. The Lahore Chamber and Karachi Chamber should jointly raise their voice for resolving business community issues, improving ease of doing business, promoting investment and increasing exports, he viewed. Faheem observed that Pakistan is passing through an important economic phase and simply identifying problems is not enough. Practical and workable solutions must be presented to the government. He said the government, industry, trade, investors, banking sector and chambers of commerce need to move forward with a common economic vision. He viewed that long-term economic stability can only be achieved through business-friendly, investment-friendly, industry-friendly and export-oriented policies. KCCI President Rehan Hanif said that the All Pakistan Chambers Conference organized by the Lahore Chamber helped improve coordination among chambers across the country and provided an opportunity to raise common business issues collectively. Rehan said the Lahore and Karachi chambers should work together to raise the common issues of the business community before the government. He added that when chambers continuously and jointly raise an issue, it gets the government’s attention and helps create a path towards its solution. He informed the meeting that on the demand of the Karachi Chamber, regular meetings of the Federal Board of Revenue chairman and relevant board members have started in Karachi. This has provided relief to the business community from having to make repeated visits to Islamabad. He added that the establishment of a PRAL office in Karachi has also made it easier to resolve business-related issues. He said Karachi is an important economic and trade center of Pakistan, while Lahore and Punjab have a strong position in industrial, agricultural and commercial activities. Therefore, effective cooperation between the two chambers will benefit the entire business community. Copyright Business Recorder, 2026

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