Former Caretaker federal minister for Commerce and Industries Gohar Ejaz was elected Chairman of the Economic Policy and Business Development Think Tank.

United Business Group (UBG) Patron-in-Chief S.M. Tanveer presented “Nishan-e-Amanat” to Gohar Ejaz on his election as leader of the business community, and Qurrat-ul-Ain Vice President FPCCI was also present.

Addressing this occasion, Ejaz announced that he would highlight and resolve business community issues at all forums. He said that expensive electricity is one of the major issues the industry is facing, and without reducing its prices, neither industry nor the country’s economy could operate.

S.M. Tanveer blamed the government for increasing the cost of electricity for commercial use, saying the industry could not function properly at the present power rate.

“Nobody wants to pursue a business due to the massive surge in power bills,” he said in a joint presser with former federal minister Gohar Ejaz.

Tanveer said the country could only recover through increased exports. “No significant step has been taken in this regard as the business community has serious reservations about handling the issue,” he said.

Tanveer requested Ejaz to lead the business community of the whole country for a brighter future. Ejaz said the nation would only progress if the industrial sector’s grievances were alleviated.