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.