Businesses see opportunity in SCO summit
The business community hopes the Shanghai Cooperation Organisation (SCO) Summit, starting in the capital on Tuesday, may boost the country’s economy. “The event offers Pakistan an opportunity to strengthen its trade and economic ties with key international partners, particularly China. The summit will also send a clear message to global investors about the country’s openness to business and investment opportunities,” said the Lahore Chamber of Commerce & Industry (LCCI) President Mian Abuzar Shad in a statement on Monday. Meanwhile, Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Atif Ikram Sheikh said that the next phase of the China-Pakistan Economic Corridor (CPEC) and the SCO summit could be the real game-changers for the national economy as we have geographical contiguities, economic complementarities, regional trade advantages and ability to look East and diversify our economic partners.