DNA

LAHORE, Dec 07   –  Pakistan can neither bear the brunt of political  instability nor afford politics of agitation,violence,protest and confrontation at this crucial juncture of time in the wake of Covid 19.

Talking to the traders delegations from different cities on Monday in connection  with on going election campaign of Federation of Pakistan Chamber of Commerce and Industry veteran trade leader , Iftikhar Ali Malik, President SAARC Chamber and Chairman United Business Group said that what we need is political stability which  is prerequisite for sustained economic growth to cope with the multiple challenges in Pakistan.

Presidential candidate Khalid Tawab and candidate for Vice President from Punjab seat Almas Hyder and other UBG leaders were also present on the occasion.

     He said time has changed as now the influential nations are paying more attention to financial warfare to continue their dominance. These countries are successfully using their weapons of economic destruction to weaken economics of poor nations to achieve their unholy designs while Pakistan’s economy is not strong enough to withstand economic terrorism.

Iftikhar Ali Malik said it is indeed important to increase our exports and for that purpose we need to reduce our cost of doing business so that our products can remain competitive in the world markets.

He further said trade facilitation is the key to promote industries and we need to remove all the obstacles and create the culture of trade facilitation. “Our Country has tremendous potential as we have enormous talent. What we need is the consistency in the government policies and a clear roadmap to move forward,” he added.

Khalid Tawab Presidential candidate for FPCCI was of the view that all the sectors including the industrial sector should discharge their national obligations and play their role in strengthening the economy while the government should introduce reforms and control the smuggling of raw material and finished goods.

He also urged the government to conduct market research to find out new destinations for the Pakistani products which are best in the world as far as quality and price is concerned. He said that Pakistani missions abroad should be duty bound to introduce Pakistani products to the foreign buyers and also ensure dissemination of trade related information so that Pakistan entrepreneurs could avail trade opportunities to the maximum.

Almas Hyder a candidate for VO said Federal Chamber always acts as a bridge between the government and the business community. It has always tried to ensure a business-friendly environment through sharing views with the government and by taking all the stakeholders onboard on all the economy related issues. He said UBG has been still strong enough to sweep the election with thumping majority in December 30 and continue its mission to protect the interests of the business community.