EXIM Bank president highlights approach to export sector
LAHORE: President Lahore Chamber of Commerce and Industry (LCCI) Faheem Ur Rehman Saigol has offered full support and cooperation to EXIM Bank of Pakistan and the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) to strengthen export promotion efforts and facilitate the business community. He was speaking during a meeting with President EXIM Bank of Pakistan Shahbaz…
Lahore's LCCI President Faheem Ur Rehman Saigol has pledged his full support to EXIM Bank of Pakistan and the ICIEC in their mission to bolster export promotion efforts. Representing over 48,000 member companies, the Lahore Chamber of Commerce and Industry serves businesses in various sectors, from large-scale industries to SMEs, exporters and importers.
Expressing concerns over Pakistan's imports exceeding USD 70 billion, Mr. Saigol underscored the urgent need for boosting and diversifying exports. He welcomed EXIM Bank and ICIEC leaders to the LCCI, and offered to establish a help desk at the chamber to provide exporters with relevant guidance and support.
During the meeting, EXIM Bank President Shahbaz Hussain Syed reiterated the bank's commitment to being a reliable partner for Pakistani exporters, particularly small and medium enterprises. The bank is employing a business-oriented and responsive approach, focusing its limited resources on businesses with the greatest potential for impact. Recent international agreements, including one with ICIEC, are set to enhance services and risk coverage for exporters.
ICIEC President Dr. Khalid Khalif Ullah echoed the importance of collaboration between ICIEC, EXIM Bank and leading chambers, stating that their continued cooperation could significantly bolster Pakistan's export capacity.
Written by urgent.news from Business Recorder's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
