President PCJCCI S.M. Naveed extended his paramount support in the setting up of ADR centres while addressing at the CIICA conference 2018 which was held in the perspective of international arbitration and focused on the establishment of legal remedy without involving the courts of law. The conference was organized by CIICA and UMT at Falleti’s Hotel, Lahore.
S.M. Naveed while supporting the setting up of ADR centres apprised the participants that China Pakistan Economic Corridor (CPEC) is a great opportunity to elevate employment in Pakistan. Presently, not only 9000 Chinese but also 90,000 Pakistanis are working on CPEC projects.
He added that the relocation of labor intensive industries to Pakistan will not only create room for employment here but will also bring latest technology, latest techniques and knowledge to bring revolution in the conventional norms of production and services.
President PCJCCI elaborated that with the continuing trade relations involving different stakeholders and the increase in business activities of both China and Pakistan investment to the tune of $100 billion in the SME sector is bound to lead to certain social and financial interactions. He added that at the moment, Alternate Dispute Resolution (ADR) is the most appropriate approach which is being practiced internationally. Read More
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