The business community expressing grave concerns over the Russian-Ukraine conflict that carries great risks to the economies of the world has called for resolving this crisis through talks to save the global economy from its serious consequences.
Addressing a meeting held at Islamabad Chamber of Commerce & Industry (ICCI) on Saturday, the ICCI President Muhammad Shakeel Munir said that the global economy was still struggling to come out of the impact of Covid-19 pandemic, but this crisis has unleashed new challenges for the world as the oil prices in the international market has already started to move up while the global prices of energy, food commodities and many other items would also become more expansive that would give rise to global inflation and make the lives of common man more miserable.
He said that any disruption in the flow of gas, oil and trade in the conflict zone would have a major impact on almost all countries of the world.
