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OICCI offers comprehensive feedback on National AI Policy Draft

Karachi, September 22, 2023 (PPI-OT): The Overseas Chamber of Commerce and Industry (OICCI) has provided a detailed and insightful response to Pakistan’s ‘Draft National Artificial Intelligence Policy.’ This feedback, addressing critical aspects of the policy, signifies the commitment of OICCI’s members, who represent over 200 prominent foreign investors in Pakistan, to contribute to the nation’s AI transformation.

The OICCI’s recommendations encompass a wide array of topics, as outlined in the draft proposals they have shared. Here is a summary of their key points:

Analysis of Pakistan’s Draft National AI Policy: The OICCI has scrutinized Pakistan’s draft AI policy and identified areas that require further clarity and coherence. They highlight the importance of a clear implementation plan, data privacy, and security measures to navigate the dynamic AI landscape effectively.

Steps Required for Enriching the AI Policy: The OICCI advocates for continuous global expert consultations, international leadership in setting AI standards, streamlined governance structures for agility, fostering collaboration and research, strengthening data privacy and security, and building AI infrastructure.

AI Risk Management Framework: Recognizing the multifaceted challenges associated with AI, the OICCI proposes the establishment of an AI Risk Management Framework. This framework aims to identify, assess, mitigate, and monitor potential risks linked to AI deployment, including bias, data quality, transparency, security, and ethical considerations.

Artificial Intelligence Regulatory Body: To ensure the ethical and safe use of AI, the OICCI suggests the creation of an independent AI Regulatory Body. This body would define guidelines, policies, and procedures to oversee AI systems’ compliance with safety and ethical standards.

These recommendations underscore the OICCI’s commitment to responsible AI development and deployment in Pakistan. They emphasize the importance of collaboration, transparency, and international engagement to harness the transformative power of AI while safeguarding against potential risks.

Pakistan, with its significant young population and burgeoning interest in AI, stands to benefit greatly from the implementation of these recommendations. By proactively addressing AI-related challenges, Pakistan can position itself as a responsible participant in the global AI revolution, fostering innovation, and ensuring the well-being of its citizens.

In conclusion, the OICCI’s feedback highlights the need for a balanced and proactive approach to AI policy development, one that maximizes the benefits of AI while mitigating potential risks. With these recommendations, Pakistan can chart a path toward a prosperous and inclusive AI-powered future.

For more information, contact:

Overseas Investors Chamber of Commerce and Industry (OICCI)

Chamber of Commerce Building, Talpur Road, P.O. Box 4833,

Karachi – 74000, Pakistan

Tel: +92-21-32410814-5

Fax: +92-21-32427315

Email: info@oicci.org

Website: http://oicci.org/

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