SENATE SPECIAL COMMITTEE ON WTO TO BRING ALL BODIES-TASK FORCES UNDER ONE UMBRELLA

Islamabad, December 18, 2003

The SENATE's Special Committee (SSC) on "CHALLENGES OF WTO" which met here today under the chairmanship of the Federal Minister for Privatisation & Investment Dr. Abdul Hafeez Shaikh proposed to bring all committees and task forces established in various ministries on WTO related matters under the umbrella of SSC for accelerating and consolidating the efforts to prepare Pakistan for the challenges of WTO regime.

It was agreed that the domestic hindrances and difficulties need to be removed for paving the way for the progress of the local industry and to by changing the attitude of various departments to help strengthen and encourage our industry to be compatible in the free global market.

There was an urgent need to establish outstanding training centers to improve the skills of our manpower in all sectors for competing in the WTOregime, the members said.

They added that the quality of Pakistani products required to be improved on international level and necessary measures were to be formulated to face the challenges of anti dumping duty for our products.

Earlier, the representatives of Federation of Pakistan Chamber of Commerce & Industries (FPCCI) and All Pakistan Textile Mills Association (APTAMA) gave an overview of the respective sectors and admitted that a lot of work was to be done by the private sector while learning to live in a free market environment and said that massive investments by the private sector needed to be made productive. It was essential to conduct studies on the impacts of accession of China to WTO, enlargement of European Union and bilateral agreements between various countries.

The SSC will meet on December 30, 2003 to seek the views of State Engineering Corporation, Pakistan Engineering Development Board, Pakistan Automobile Motors Association and the Pharmaceutical Association.

The members of the SSC Senators Mushahid Hussain Syed, Mohammad Ishaq Dar, Nisar Ahmad Memon, Lt. Gen. Retd Javed Ashraf, Syed Dilawar Abbas, Mir Muhammad Naseer Mengal, Muhammad Abbas Komaili, Mrs. Roshan Khursheed Bharucha, Ch.Muhammad Anwar Bhinder and Iftikharullah Babar Secretary Committee attended the meeting.