Business community can play role in country’s development: ICCI

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The business community of the country can play vital role in economic development of the country. “The nations who gave importance to its business community, have always succeeded,” Zafar Bakhtawari, President of Islamabad Chamber of Commerce and Industry (ICCI) said here at a dinner organized by former director Islamabad Stock Exchange, Naeem Siddiqui. Bakhtawari said that by following the rules of Islamic civilization, we all should follow best business practices which create an environment of mutual respect and trust. Munawar Mughal, Former President ICCI said that ICCI had always served the cause of small traders and highlighted their issues at all relevant forums, which showed that the ICCI was a true representative of traders. He said that the traders of the federal capital were facing big housing problems and demanded that the CDA should also consider a separate housing society for the traders. He said that non-existence of a balanced rent law in the federal capital was the main cause of rising rent disputes between tenants and landlords and this situation was also affecting business activities.