ISLAMABAD: President Islamabad Chamber of Commerce and Industry (ICCI) has called upon the Capital Development Authority to focus on developing E-11 Markaz.

Addressing a delegation of E-11 Traders Welfare Association that visited ICCI led by its Central Chairman Awais Sheikh, Ahmed Waheed said ICCI in recent past had invited presidents of leading chambers of commerce and industry of the country and organised their meetings with prime minister, president and federal ministers so that they could apprise them of the issues of business community, said a press release.

He expressed the hope that government would takemeasures to address the issues of business community.

He said traders were worried over tax matters while business activities have declined greatly and urged the government to create environment conducive for business activities.

He assured the delegation that ICCI would cooperate in resolving key issues of their market.

E-11 Traders Welfare Association chairman Awais Sheikh said that businesses were suf fering due to internal bickering of CDA and MCI as these organis0ations were not addressing traders`issues.

He said the CDA had not done any development work in any market for the last many years due to which con-ditions of markets have deteriorated and emphasized that CDA should start development in markets including E-11 Markaz.

He also called upon Adviser to PM on Finance Hafeez Sheikh to resolve the issue of tier1 and tier2 of retailers for tax purpose to save them from further troubles.

ICCI Senior Vice President Tahir Abbasi said MCI had made increase in taxes without fulfilling the legal requirements, which should be immediately withdrawn.

They said that before increasing any tax rate, giving its advertisement in press and arranging public hearing were the key requirements, but MCI had increased taxes without completing these formalities, which was unjustified. They said increase in trade licence fee should also be withdrawn. -APP