{"id":345487,"date":"2023-07-26T09:33:01","date_gmt":"2023-07-26T04:33:01","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=345487"},"modified":"2023-07-26T09:33:01","modified_gmt":"2023-07-26T04:33:01","slug":"business-community-shows-frustration","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/business-community-shows-frustration\/","title":{"rendered":"Business community shows frustration"},"content":{"rendered":"<p> KARACHI<br \/>\nThe business community, especially the exporters, has expressed profound frustration with the disorganized and poorly managed FPCCI Export Award Function held at the Governor House in Karachi.<br \/>\nThe Federation of Pakistan Chambers of Commerce and Industry (FPCCI), which claims to be the apex body of the private sector representing all licensed trade bodies, has disappointed many by its handling of this prestigious export award ceremony. This has caused a great deal of resentment among the exporters, who are the true heroes as they contribute significantly to the country\u2019s foreign exchange earnings.<br \/>\nOne of the major concerns raised by the business community is the absence of any distinguished dignitary or VVIP from the country at the event. Instead, the stage was occupied by irrelevant individuals who had no connection to the business community or the export sector.<br \/>\nThis lack of presence from influential figures reflects poorly on the importance given to the exporters and their contributions.<br \/>\nThe declining trend in Pakistan\u2019s exports has been a matter of serious concern, and the FPCCI, as a representative of the private sector, has been criticized for not taking proactive steps to address this issue.<br \/>\nThe business community laments that the FPCCI office bearers have shown little concern and have failed to engage with the government to find solutions or formulate future strategies to boost exports.<br \/>\nMoreover, during the Export Award Function, no attention was given to the hardships faced by exporters and manufacturers due to extended hours of load shedding in power and gas supply. This energy crisis has severely hampered production capacities, leading to reduced output and operational challenges for businesses.<br \/>\nAdditionally, the exorbitant increase in power and gas tariffs has further burdened industries, forcing some to close down operations. The business community asserts that the FPCCI should have used this platform to highlight these pressing issues and advocate for supportive measures.<br \/>\nInstead of addressing the concerns of exporters, the Export Award Function was poorly managed and seemed disconnected from the ground realities faced by businesses. The community expressed their disappointment at the sight of irrelevant activities, such as individuals exchanging turbans, which held no significance for the exporters who were anticipating meaningful discussions on the challenges they confront.<br \/>\nIn conclusion, the business community expects the FPCCI to prioritize the interests of exporters and take concrete actions to promote and support the export sector.<br \/>\nBy organizing well-planned and focused award functions and engaging with relevant stakeholders, the FPCCI can demonstrate its commitment to addressing the challenges faced by exporters and promoting economic growth in the country.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KARACHI The business community, especially the exporters, has expressed profound frustration with the disorganized and poorly managed FPCCI Export Award Function held at the Governor House in Karachi. The Federation of Pakistan Chambers of Commerce and Industry (FPCCI), which claims to be the apex body of the private sector representing all licensed trade bodies, has [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-345487","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Business community shows frustration<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/business-community-shows-frustration\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Business community shows frustration\" \/>\n<meta property=\"og:description\" content=\"KARACHI The business community, especially the exporters, has expressed profound frustration with the disorganized and poorly managed FPCCI Export Award Function held at the Governor House in Karachi. 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