Srinagar, Publish Date: Jan 27 2018
Javid Ahmad Tenga has been elected as the president while Rakesh Gupta and Ghulam Murtaza took over as joint presidents of the new body of Jammu and Kashmir Joint Chamber of Commerce and Industry (J&K-JCCI), an intra-Kashmir business body.
The new body assumed office for 2018 term “as per the prevailing traditions of this forum” following a three-day meeting of representatives of the Chambers of Commerce and Industry of Jammu, Kashmir and Pakistan administered Kashmir was held in Bangkok.
The prominent business leaders of Kashmir, Jammu and, Line of Control (LoC) traders and women entrepreneurs from the regions participated in the meeting, said a statement issued by Kashmir Chambero of Commerce and Industry (KCCI).
The meeting was facilitated by an NGO Conciliation Resources in Bangkok from 25 – 27 January. This meeting built on previous meetings that have been convened in the past. Last meeting was held in 2015 in Dubai.
The press statement issued after the meeting said the ex-presidents and presidents of the Chambers apprised the participants of the previous efforts made to promote the cross-LoC trade.
“The efforts and leadership of the past presidents to get the Joint Chamber to this point were greatly admired by the participants and it was emphasised that their continued guidance and support for this institution would be highly valuable”, the statement read.
It said important issues concerning each region were discussed by the representatives, the key focus being on the improvement of connectivity across the regions.
The statement said this was followed by a detailed discussion about the support required by the J&K-JCCI to become more strengthened in order to be able to work towards the facilitation of trade.
“The J&K-JCCI reiterated their support on the ground to the LoC traders and to play their role in taking recommendations to respective governments for enhancing this confidence building measure. An MoU was also signed in this regard.”
The other attendees including women leaders from the three regions proposed futuristic measures to boost trade and economic and cultural connectivity.
The main ideas discussed to promote the LoC trade were the inclusion of services in this context and advanced banking arrangements to facilitate a better and more effective trade process.
All the business leaders agreed to take these ideas forward by talking to the governments of India and Pakistan and building confidence in their respective communities as well as amongst the three Chambers of Commerce and Industries.
