Staff Reporter
Lahore
Present SAARC Chamber of Commerce and Industry, Iftikhar Ali Malik has said that Pakistan can neither bear the brunt of political instability nor can afford politics of agitation, violence, protest and confrontation at this crucial juncture of time in the wake of Covid-19.
Addressing a select gathering of traders’ representatives from city markets in connection with ongoing election campaign of LCCI, he said on Tuesday that what we need is political stability which is prerequisite for sustained economic growth to cope with the multiple challenges in Pakistan.
Iftikhar Ali Malik 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.
He 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.
President SAARC CCI 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.
